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Oil falls to pre-war levels on rising Middle East supply
Oil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of Hormuz are nearing normalcy, boosting confidence despite ongoing demining efforts. Meanwhile, Iraq is contemplating leaving OPEC due to quota concerns, and Ukraine has targeted Russian oil facilities. These developments are reshaping the global energy landscape.
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channelnewsasia.com
Oil prices fall as investors focus on Hormuz flows after peace talks
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…
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Oil extends losses as investors focus on Hormuz flows after peace talks
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…
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Oil prices extend decline on expectations of smoother crude flows via Hormuz
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…
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Oil extends slide to more than 1% on expectations of smoother crude flows via Hormuz
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…
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newsbytesapp.com
Oil prices falls to 4-month low
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.
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al-monitor.com
Oil falls below $74 as Hormuz traffic recovers after Iran war
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.
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abcnews.com
Global oil prices fall to lowest level since before the Iran War
The Iran war set off a historic oil shortage that sent prices surging.
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Oil prices fall as tankers exit Strait of Hormuz
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…
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timesofindia.indiatimes.com
Crude slips toward $70 as tankers return to Hormuz after US-Iran reach peace deal
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…
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dawn.com
Oil hits pre-war level as supply fears ease
HOUSTON: Benchmark oil prices fell more than $3 on Wednesday to their lowest level since before the start of the ...
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economictimes.indiatimes.com
Oil Price Today (June 25): Crude oil erases Iran war gains as Hormuz traffic boosts supply. What are experts saying?
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.
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Crude oil prices crash 42% from April’s $126 peak. More downside coming?
Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummeted 42% from their April peak, with Brent…
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irishtimes.com
Oil price back at prewar levels as Gulf flows pick up
Oil retreats as ships begin passing through Strait of Hormuz
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arabnews.com
Oil extends decline on rising Middle East supply
BEIJING/SINGAPORE: Oil prices extended their decline on Thursday to near levels last seen before the start of the Iran war, as rising supply expectations from the Middle East…
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theguardian.com
Oil price falls to pre-Iran war levels as more 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
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Oil prices fall to prewar levels on rising Middle East supply
Flows through the Strait of Hormuz were close to those before the start of the Iran war, says US Energy Secretary Chris Wright.
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aljazeera.com
Oil prices back to pre-war levels on rising Middle East supply
The price of Brent crude has reached its lowest since February 27, before the war started.
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helsinkitimes.fi
FT: Oil prices fall below pre-war level
Brent crude has dropped below the level seen before the outbreak of the US-Israeli war on Iran, as delayed oil shipments from the Gulf return to global markets and ease concerns…
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dailysabah.com
Oil prices fall to pre-war levels as Strait of Hormuz traffic resumes
Oil prices have retreated to levels last seen before the start of the war in the Middle East as the crucial Strait of Hormuz reopens gradually and vessel...
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Oil falls to pre-war levels on rising Middle East supply
Oil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of Hormuz are nearing normalcy, boosting…