After more than 100 days of keeping global economies and energy markets on edge, crude prices have finally cooled to a sweeter spot. Tensions are easing in the Middle East and the Strait of Hormuz is back in business.

Oil prices slide as Hormuz shipping resumes and Middle East tensions ease, with WTI, Brent and Murban crude extending their post-war slump below recent peaks.

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…

After more than 100 days of keeping global economies and energy markets on edge, crude prices have finally cooled to a sweeter spot. Tensions are easing in the Middle East and the…