Project News Details
Title:
Crude slips toward $70 as tankers return to Hormuz after US-Iran reach peace deal
Detail:
Following a surge past $126, oil is now hovering around $70. Improved shipping and potential Iranian exports have eased fears of disruptions, leading to a significant price drop. Traders are now anticipating a surplus as physical crude trades at discounts.
Country:
Source:
ET Energy World
Published Date:
24.06.2026
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