Oil prices at lowest level since start of Iran war
Semafor
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Increasing numbers of ships are navigating the Strait of Hormuz with their transponders on, as confidence in the truce between Washington and Tehran grows.
Oil Prices Fall Below Pre-War Levels
- Oil Erases Wartime Gains as Hormuz Stockpiles Hit Market Bloomberg —
- Oil back to pre-war levels as Hormuz traffic rebounds, US tries to reassure Gulf allies The Straits Times —
- Oil close to pre-war price as Iran oil hits market, ships transit strait UPI —
- ECB Rate-Hike Forecasts Pared Back as Oil Regains Pre-War Level Bloomberg —
- Oil tankers pass the Strait of Hormuz despite Iran threats, as traffic flows begin to recover NBC News —