Oil close to pre-war price as Iran oil hits market, ships transit strait
UPI
—
https://cdnph.upi.com/ph/st/th/9321782376178/2026/upi/1aec09df776776f78e641503266f74b6/v1.5/Oil-close-to-pre-war-price-as-Iran-oil-hits-market-ships-transit-strait.jpg" /> Global prices fell to near their pre-Iran war level after the United States unblocked international Iranian oil sales and ships transit Hormuz Strait.
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 prices at lowest level since start of Iran war Semafor —
- 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 —