Brent crude has sunk by 30 per cent in the second quarter of 2026 - unwinding all of the gains seen during the Iran war. Read more at straitstimes.com. Read more at straitstimes.com.

Oil prices have reduced as more tankers return to the Strait of Hormuz after the US-Iran peace talks which eased the supply concerns.

Oil prices suffered their steepest quarterly decline since 2020, but analysts warn that fragile diplomacy and subdued tanker traffic through the Strait of Hormuz suggest…

Citi expects Brent crude to fall to $60 a barrel by year-end as shipping through the Strait of Hormuz normalises and supply concerns ease. The brokerage sees improving oil flows,…