Oil falls over 3% as Hormuz flows ease supply fears

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Project News Details

Title:

Oil falls over 3% as Hormuz flows ease supply fears

Detail:

Oil prices experienced a significant drop, with Brent crude futures falling over 4% and WTI down nearly 4% on Friday, heading for steep weekly losses. Concerns over supply disruptions in the Strait of Hormuz eased as tanker traffic increased.

Country:

India

Source:

ET Energy World

Published Date:

27.06.2026

URL:

View Original URL

Regions:

Asia SAARC Countries South Asia

Sectors:

Non-Renewable Energy Supply Oil and Gas Construction

Project News Details

Title	Oil falls over 3% as Hormuz flows ease supply fears
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Detail	Oil prices experienced a significant drop, with Brent crude futures falling over 4% and WTI down nearly 4% on Friday, heading for steep weekly losses. Concerns over supply disruptions in the Strait of Hormuz eased as tanker traffic increased.
Country	India
Source	ET Energy World
Regions	Asia SAARC Countries South Asia
Sectors	Non-Renewable Energy Supply Oil and Gas Construction
Published Date	27.06.2026
Original Url	Original Url
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Title
Oil falls over 3% as Hormuz flows ease supply fears
Detail
Oil prices experienced a significant drop, with Brent crude futures falling over 4% and WTI down nearly 4% on Friday, heading for steep weekly losses. Concerns over supply disruptions in the Strait of Hormuz eased as tanker traffic increased.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Non-Renewable Energy Supply Oil and Gas Construction
Published Date
27.06.2026
Original Url
View Original Url
Share

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