Oil prices slid further to mark a three-month low on Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the...
by Agence France-Presse - AFP
Jun 16, 2026 3:54 pm
Oil prices slid further to mark a three-month low on Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the U.S. and Iran.
Brent North Sea crude, the international benchmark, dropped 3.8% to $79.99 a barrel, dipping under $80 for the first time since early March.
The main U.S. oil contract, West Texas Intermediate (WTI), slid 3.9% to $77.61 a barrel.
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Oil prices plunge to 3-month low as US, Iran reach deal to reopen Strait of Hormuz
Oil prices fell to a three-month low Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal…
Oil prices fell to a three-month low after the US and Iran's peace deal
HOUSTON, June 15 : Oil prices slumped 5 per cent to a three-month low on Monday amid a broad selloff after the U.S. and Iran said…
SINGAPORE: Oil prices slipped to a three-month low on Monday after US President Donald Trump and Iran's deputy foreign minister…
Brent crude futures falls $4.08 to $83.25 a barrel and US West Texas Intermediate falls $4.35 to $80.53.
Oil prices sank Monday, hitting their lowest levels in more than three months, after the United States and Iran said they had…
