Global oil prices break below $80 for the first time since the Iran war began. Ships still aren’t passing through Hormuz.
Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.
Oil Prices Tumble on Hormuz Reopening Hopes
- Oil Falls Below $80 For First Time in More Than Three Months Bloomberg —
- Oil drops below $80 on US-Iran deal Vanguard News —
- Oil prices fall back to US$80 per barrel amid optimism over Mideast peace deal Global News —
- Oil Prices Might Not Go Back to Normal Anytime Soon The Atlantic —
- Oil Falls Below $80 For First Time in More Than Three Months 📹 Bloomberg — · 3min