Global crude oil prices have crashed to a four month low and are now hovering around the pre-war levels. From around $120 per barrel to near $70 per barrel - the crash has been driven by the US-Iran ceasefire and reopening of the Strait of Hormuz.

Brent crude traded at $72.32 per barrel on Wednesday morning as shipping activity through the Straitz of Hormuz…

Oil prices drop 30% in Q2 2026 after US-Iran peace deal reopens Strait of Hormuz. New all-time high by September 30 at 4.5% YES.

Oil prices fall as US-Iran talks ease supply disruption fears. New all-time high for crude oil by September 30 at 4.5% YES.

Tanker traffic through Hormuz has begun to recover, though vessel movements remain well below pre-conflict levels

Following weeks of volatility driven by geopolitical tensions in the Strait of Hormuz, global crude prices have returned to pre-crisis l ...

Global crude oil prices have crashed to a four month low and are now hovering around the pre-war levels. From around $120 per barrel to near $70 per barrel - the crash has been…