Three months ago, investors were bracing for a very different economic outlook.The outbreak of the Iran war sent oil prices surging above $100 a barrel, gasoline costs climbed, and inflation suddenly
As always, there is a huge split between oil price bulls and bears which is hardly surprising given the massive uncertainty about the geopolitical environment. Will the ceasefire hold?
Micron has Wall Street tech bulls back in charge. Oil and bonds are helping too.
Prices slipped back as a wave of supply trapped inside the Persian Gulf for months started flowing again.
Middle Eastern fuel oil exports are set to rebound ​to a four-month high in June as Iraq and Saudi Arabia diverted supply to other ports ‌while shipments through the Strait of Hormuz are set to pi
Oil prices remain under pressure as WTI breaks below $80 and Brent targets $68 support, with fading Strait of Hormuz supply fears reducing the war premium.
Oil prices fell on Thursday, with Brent and WTI crude erasing wartime gains. Investors bet global crude supplies would improve after tankers that had been stranded in the Persian Gulf for months began

Oil prices fall as tankers exit Strait of Hormuz

09:35pm, Wednesday, 24'th Jun 2026
Oil prices extended their decline on Thursday, edging closer to pre-war levels as stranded tankers exited the Strait of Hormuz following an initial accord to ​end the U.S.-Israeli war with Iran, eas
Oil futures fell in early Asian trade after declining to their lowest level since the start of the U.S.-Iran conflict on Wednesday.
Revived tanker movement through the Strait of Hormuz pushed U.S. crude prices below $70 a barrel briefly on Wednesday even though inventories ​at the country's crude storage hub in Cushing, Oklahoma

Oil Slump Deepens While Tech Stocks Struggle

05:06pm, Wednesday, 24'th Jun 2026
Micron falls for second day before turning higher after hours.
Oil markets are under strong pressure amid signs of normalization in the Strait of Hormuz.
Prices of Brent crude oil for second-month delivery traded higher on Wednesday than prices for prompt delivery ​for the first time since the Iran war started in ‌late February, signaling increased
Oil has plummeted in June, but stocks haven't responded. That could isolate a key risk over the second half of the year.
Some 20 ‌million barrels of ​crude ​oil have exited ⁠the Strait ​of ​Hormuz in the last 24 ​hours, ​U.S. Energy Secretary ‌Chris ⁠Wright said on Wednesday ​at ​the ⁠Reuters G
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