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Oil slips as Hormuz traffic normalizes, diplomacy eases supply fears

- Brent falls below $74 as tanker traffic recovers and renewed US-Iran and Russia-US contacts reduce geopolitical risk premium

10:34 Oil

Brent falls below $75 as Hormuz traffic recovers, easing geopolitical risk premium

- Recovery in tanker movements through Hormuz and prospects for continued Russia-US dialogue ease supply concerns

24.06.2026 Oil

Brent crude falls on expectations of normalized Hormuz oil flows

- Prices extend losses as traffic through the Strait of Hormuz recovers and supply concerns fade

24.06.2026 Oil

WoodMac forecasts lower oil prices as Hormuz reopening eases supply concerns

- Brent forecast to average $92 per barrel in 2026 before declining to $78 in 2027 amid improving supply outlook

23.06.2026 Oil

Oil falls on rising Iranian supply prospects, Russian fuel concerns limit losses

- Oil prices continue to drop as US-Iran peace talks boost hopes of normalized oil flows through Strait of Hormuz

23.06.2026 Oil

Oil prices fall as US-Iran talks ease supply concerns

- Oil prices slide as reports of lifted Iran export restrictions ease supply concerns

22.06.2026 Oil

Oil slips below $80 as easing geopolitical tensions shift outlook toward lower range

- Experts warn that easing US-Iran tensions may soften oil prices in short term, but geopolitical risk premium is likely to persist

19.06.2026 Oil Finance

Oil falls as US-Iran memorandum eases supply concerns

- US-Iran memorandum improves supply outlook, while Fed's tighter policy path raises demand concerns, weighing on oil prices

18.06.2026 Oil

Oil extends losses on hopes for US-Iran deal, Hormuz reopening

- Bullish sentiment in oil market weakens after comments from US Vice President Vance and President Trump signal progress toward broader regional framework

17.06.2026 Oil

Brent crude falls below $80 on optimism over initial US-Iran deal

- Both oil benchmarks see their lowest levels since early March

16.06.2026 Oil

home > related news

Oil stays on downward path as markets await details of US-Iran deal

- Concerns grow that Strait of Hormuz flows may take longer than expected to resume

16.06.2026 Oil

Oil slides 5% on initial US-Iran deal, easing Strait of Hormuz fears

- Brent falls 4.9% to low of $83.05 per barrel on June 15, while WTI drops 5.7% to $80.01, marking their weakest level since early March

15.06.2026 Oil

US oil rig count up for week ending June 12

- Number of US oil rigs fall by 6 compared to one year ago

13.06.2026 Oil Finance

Oil heads for steep weekly losses as Middle East tensions cool

- Markets retreat after Trump signals progress toward deal to end conflict involving Iran, Israel and US

12.06.2026 Oil

Oil extends losses as Trump says Iran deal could be signed within days

- Brent falls below $89 a barrel, OPEC sees demand growth slowing in 2026 before rebounding in 2027

12.06.2026 Oil

Oil rises as fresh US-Iran strikes fuel supply disruption fears

- Concerns over supply disruptions and falling US crude inventories support oil prices amid worsening regional tensions

11.06.2026 Oil

Oil mixed over renewed supply concerns after US strikes on Iran

- Prices, after slipping to seven-week low in previous session, were little changed as traders weighed US-Iran developments

10.06.2026 Oil

Oil slips as Iran-Israel halt attacks, Trump signals progress in talks

- US President Trump expects 'total victory' over Iran within two weeks

09.06.2026 Oil

Brent up nearly 5% amid missile strikes and Red Sea threats

- Oil markets rally 5% as Iran-Israel conflict widens with fresh strikes and missile launches, while OPEC+ output increase helps limit further gains

08.06.2026 Oil

Oil heads for weekly rise as Hormuz risks, Russia sanctions support prices

- Markets weigh Strait of Hormuz risks and Russian supply concerns against renewed diplomatic signals from Washington and Tehran

05.06.2026 Oil

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