Crude oil posted a steep weekly decline as traders unwound geopolitical risk premiums on expectations that Iranian exports and Strait of Hormuz shipping will gradually recover.

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…

Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that more oil tankers stranded in the Gulf…

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…

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 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.

Crude oil prices edged lower on Friday as concerns over supply disruptions eased with more oil tankers moving through the Strait of Hormuz. Around 7 am IST, Brent crude was…

Brent crude futures fell $1.47, or 1.95%, to $73.79 a barrel, while US West Texas Intermediate fell $1.44, or 2%, to $70.48 a barrel.

Crude oil prices fell sharply for the week as signs of recovering tanker traffic through the Strait of Hormuz outweighed fresh security concerns, although analysts caution that…

Global crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait of Hormuz eased despite fresh Middle East…

Crude oil prices fell 2% as optimism over a potential U.S.-Iran agreement eased supply concerns in the Strait of Hormuz, signaling increased tanker movement and stabilized exports.

Crude oil posted a steep weekly decline as traders unwound geopolitical risk premiums on expectations that Iranian exports and Strait of Hormuz shipping will gradually recover.

US WTI crude oil futures fell 3.74% to $69.23 per barrel after a US-Iran peace deal erased geopolitical risk premiums, with implications for crypto markets.