With the U.S.-Iran agreement appearing to hold, oil prices continue their fall as more ships start moving in and out of the Persian Gulf.
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June 25, 2026 / 6:02 AM EDT
/ CBS News
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Oil prices have retreated to levels last seen before the start of the war in the Middle East as the crucial Strait of Hormuz…
Global prices fell to near their pre-Iran war level after the United States unblocked international Iranian oil sales and ships…
The Pentagon insists the Strait of Hormuz is open, but the threat to shipping is increasing, along with oil prices.
US-Iran peace deal reopens Strait of Hormuz, pushing crude oil prices down and setting expectations for lower gas prices. Bitcoin…
Tanker traffic through Hormuz has begun to recover, though vessel movements remain well below pre-conflict levels
Brent crude fell back to below 73 US dollars a barrel for the first time since the US-Israel war on Iran started on February 28,
