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diplomacyJun 18, 2026

Oil prices drop further below 80 dollars a barrel as US-Iran peace deal signed

Summary

Oil prices drop further below 80 dollars a barrel as US-Iran peace deal signed Oil prices have eased back further below 80 US dollars a barrel after the US and Iran signed a deal to end the war and paved the way for the crucial Strait of Hormuz crude shipping route to be reopened.

Source: Holly Williams — Read the full report

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  • Holly WilliamsBy Holly Williams

    Oil prices drop further below 80 dollars a barrel as US-Iran peace deal signed Oil prices have eased back further below 80 US dollars a barrel after the US and Iran signed a deal to end the war and paved the way for the crucial Strait of Hormuz crude shipping route to be reopened…

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