NEW DELHI: Crude oil prices fell below the $75-per-barrel mark on Wednesday as the Strait of Hormuz reopened but are yet to return to the pre-conflict levels of $65-70 a barrel.

Markets eye durable truce before unwinding geopolitical risk premium in crude

Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Intermediate (WTI) crude futures gained…

Crude oil prices soared past $81 as Iran reportedly closed the Strait of Hormuz following escalating regional conflicts, while Asian stock markets reached record highs.

Treasury Secretary Scott Bessent issued a 60-day sanctions waiver for Iranian oil purchases.

BENGALURU/LONDON June 23 : Oil prices fell on Tuesday, extending losses from the previous session, on signs of some progress in restoring crude flows through the Strait of Hormuz…

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a barrel as of 0026 GMT.

BENGALURU, June 24 : Oil prices fell more than 1 per cent on Wednesday, extending this week's losses to hit fresh four-month lows on signs that more oil tankers are set to move…

Crude oil futures traded lower on Wednesday morning following reports of improved oil tanker traffic through the Strait of Hormuz.

Crude oil prices hit near four-month lows as stranded tankers in the Gulf begin moving through the Strait of Hormuz, signaling eased tensions in the region.

Crude oil prices extended their decline on Wednesday, falling to fresh four-month lows as signs of improving tanker movement through the Strait of Hormuz and expectations of…

Brent crude oil prices have dipped below $75 a barrel for the first time since the onset of the Middle East conflict. This unexpected decline occurred after a peace agreement…

Brent crude dropped below $74 a barrel on Wednesday for the first time since the start of the Iran war in late February, as investors continued to price out the geopolitical risk…

Brent crude dips below $76 as tanker traffic resumes in Strait of Hormuz

Global benchmark trades at lowest level since Iran conflict began on February 28

Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close.

NEW DELHI: Crude oil prices fell below the $75-per-barrel mark on Wednesday as the Strait of Hormuz reopened but are yet to return to the pre-conflict levels of $65-70 a barrel.

Crude oil prices tumbled on Thursday towards pre-war levels as tanker movement through the Strait of Hormuz picked up, easing earlier supply concerns. After surging past $126 per…

Brent crude falls below $72.48 as the Strait of Hormuz reopens under a US-Iran deal, erasing wartime gains while Bitcoin climbs on renewed risk appetite.

HOUSTON: Benchmark oil prices fell more than $3 on Wednesday to their lowest level since before the start of the ...

Brent crude has slipped below $73 a barrel for the first time since February 27, 2026. It had hit a high of $126 per barrel on April 30 and is down 42% from those levels.