Oil retreats as ships begin passing through Strait of Hormuz

June 23 : Oil prices rebounded on Tuesday after a sharp fall the previous session supported by tempered optimism over U.S.-Iran peace talks, while investors awaited clearer signs…

The US and Iran have flagged early progress in discussions to end the war. Read more at straitstimes.com. Read more at straitstimes.com.

TOKYO, June 24 : Oil prices fell on Wednesday, extending this week's losses and trading near four-month lows hit in the previous session, on signs that more oil tankers stranded…

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.

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.

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.

BEIJING, June 25 : Oil prices extended their decline on Thursday, edging closer to pre-war levels as stranded tankers exited the Strait of Hormuz following an initial accord to…

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.

Oil retreats as ships begin passing through Strait of Hormuz

Fears of long-lasting energy crunch ‘slinking away’ as vessel traffic doubled in 24 hours to highest level since late February

Brent crude oil prices drop to pre-war levels as US-Iran peace boosts oil flows. Strait of Hormuz traffic normal by end of June at 5.2% YES.

Flows through the Strait of Hormuz were close to those before the start of the Iran war, says US Energy Secretary Chris Wright.

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.

The price of Brent crude has reached its lowest since February 27, before the war started.