Brent crude was trading at around $72 a barrel on Thursday morning, the price it was at the day before the launch of attacks on Iran.
A small motorboat passes anchored vessels in the Strait of Hormuz off Bandar Abbas, Iran, 17 June 2026.
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Iran
Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
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Oil prices fall as tankers exit Strait of Hormuz
Fears of long-lasting energy crunch ‘slinking away’ as vessel traffic doubled in 24 hours to highest level since late February
Oil prices have retreated to levels last seen before the start of the war in the Middle East as the crucial Strait of Hormuz…
Oil retreats as ships begin passing through Strait of Hormuz
Global benchmark trades at lowest level since Iran conflict began on February 28
Oil prices fallen to levels before the US-Israel war on Iran as traffic through the Strait of Hormuz shipping route gradually…
With the U.S.-Iran agreement appearing to hold, oil prices continue their fall as more ships start moving in and out of the…
