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2026 › June › 16
Oil
5 days ago
Oil prices fell Tuesday, giving the Dow Industrials a tailwind and briefly lifting the index above 52,000. A sell-off in tech, however, weighed on the S&P 500.
As Hormuz crisis eases, gas prices may drop—other costs like groceries and home goods could stay high for a while ⊕
Oil prices are falling after a tentative agreement to reopen the Strait of Hormuz, but broader relief from higher prices may take time.
Oil sinks below $80 a barrel as traders bet Strait of Hormuz flows will return ⊖
Brent crude has tumbled to three-month low following agreement to extend US-Iran ceasefire
6 days ago
Oil prices fall, tanker bosses remain cautious on resumption of Hormuz transit ⊕
Global oil prices ticked lower on Tuesday as the Iran peace agreement dominated the G7 meeting in France.
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