Oil Prices Drop as the Hormuz Risk Premium Unwinds š¢ļøš
Oil fell to its lowest level since March after the US and Iran announced an initial agreement aimed at ending the war and reopening the Strait of Hormuz
Brent fell 4 1% to $83
WTI fell 4 7% to $80
šBoth contracts hadā¦ pic.twitter.com/XOgQOR5l8G
ā Jack Prandelli (@jackprandelli) June 15, 2026
