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Oil Prices Fall to Lowest Since US-Iran Conflict Amid Peace Deal and Hormuz Reopening

Oil prices have dropped to their lowest levels since the US-Iran conflict, following a peace deal between the two nations that has allowed supply to resume through the Strait of Hormuz. This agreement is expected to lead to lower inflation and fuel prices globally, while also redrawing the geopolitical landscape of the Middle East.

18 Jun, 14:08 — 19 Jun, 03:48
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NYTThe Guardian
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vanguard-ngbalkan-webphilstarpunch-ngNHK Worldbloombergexpress-tribunedigi24
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channel-news-asiahindustan-timesobservadorcdm-meprotothema-enseeking-alphaberlingske
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Geographic diversity19 regions34/34
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Sources

Showing 16 of 29 sources
NYTMostly Factual2d ago

Vance’s Defense of Iran Deal Rests on Vague and Misleading Claims

The vice president said the United States had leverage to dictate the outcome of the next round of negotiations. But he claimed incorrectly that Iran got no new benefit from the lifting of oil sanctions.

By Zolan Kanno-Youngs, Rebecca F. Elliott and Erica L. Green

Read full article →
The GuardianMostly Factual2d ago

‘Cynical to get power’: Michel Barnier on Boris Johnson, Brexit and the EU’s future

Former negotiator believes in an unstable world, it is ‘perfectly possible’ the UK can rejoin the EU with old opt-outs UK could keep special pre-Brexit terms if it rejoined EU, Michel Barnier says A couple of years ago, Michel Barnier spent a weekend with Boris Johnson’s father, Stanley. It was not some ghoulish Brexit spin-off of The Traitors, but the result of the former EU negotiator’s wife, Isabelle, being a close friend of Johnson’s French cousin, Anne du Boucheron, the owner of Châtea...

By Daniel Boffey in Paris

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Al JazeeraMostly Factual2d ago

Southern Lebanon residents doubt US-Iran agreement will bring lasting calm

Residents of southern Lebanon expressed scepticism that hostilities would end after the US-Iran MoU to end the war.

Read full article →
cnbcMostly Factual1d ago

U.S.-Iran deal in photos: ships in the Strait of Hormuz, daily life in Tehran

The first signs of a post-war recovery are emerging across the Middle East after the United States and Iran signed a memorandum aimed at ending the conflict.

Read full article →
France 24High1d ago

Middle East Live: White House says Vance not heading to Switzerland Thursday for Iran talks

US Vice President JD Vance has postponed a trip to Switzerland for talks that were originally slated for Friday to discuss next steps on the US-Iran agreement on ending the war in the Middle East, according to the White House. Follow our liveblog for the latest updates.

By FRANCE 24

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YahooMostly Factual2d ago

Stock Market Today, June 18: Intel Surges As Market Gains on U.S.-Iran Agreement

Read full article →
hindustan-timesMostly Factual1d ago

Oil prices fall as supply starts moving through Strait of Hormuz after US-Iran peace deal

Oil prices fell as more supply returned to the market after oil tankers began to move through the Strait of Hormuz, post US-Iran interim peace deal.

Read full article →
indian-expressMostly Factual1d ago

US-Iran MoU: An expert gives a point-by-point breakdown, from nuclear issue to Strait of Hormuz

By Bashir Ali Abbas

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japan-timesMostly Factual1d ago

U.S.-Iran deal redraws the Middle East, with Iran’s gains alarming rivals

If the deal holds, Iran will see an end to the war, phased ​sanctions relief, renewed oil exports and the prospect of vast reconstruction funds.

Read full article →
ndtvMostly Factual1d ago

US Faces Tough Path To New Iran Nuclear Deal

After Trump withdrew from that deal in 2018, Iran began rolling back its commitments, with the International Atomic Energy Agency saying Tehran was enriching uranium to 60 percent purity -- far above the previous 3.67 percent cap.

Read full article →
channel-news-asiaMostly Factual1d ago

Japan, South Korea stocks hit records as oil prices fall

Read full article →
seeking-alphaMixed2d ago

Wall Street recovers as traders get past Fed outlook, U.S.-Iran deal lifts sentiment

Read full article →
philstarMostly Factual1d ago

DOE: Big diesel rollback likely on June 23 as global prices fall

The DOE expects a large fuel price rollback next week after global petroleum prices fell following a US-Iran deal.

Read full article →
punch-ngMostly Factual1d ago

LCCI forecasts lower inflation, fuel prices after ceasefire

LCCI forecasts lower fuel prices and inflation in Nigeria following the US-Iran ceasefire and Strait of Hormuz reopening. Discover the potential impact on Read More: https://punchng.com/lcci-forecasts-lower-inflation-fuel-prices-after-ceasefire/

By Punch Newspapers

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vanguard-ngMixed1d ago

Oil slumps to lowest price since US-Iran conflict

•As cease fire deal eases supply fears By Yinka Kolawole,  with agency report   Oil prices fell sharply on Thursday, dropping to their lowest levels since the outbreak of the US-Iran conflict, as an interim agreement between the United States and Iran improved prospects for global crude supply According to Reuters, Brent crude futures declined by $1.53, or 1.9 per cent, to $78.02 per […] The post Oil slumps to lowest price since US-Iran conflict appeared first on Vanguard News.

By olufemiajasa

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protothema-enMixed2d ago

Congestion in the Strait of Hormuz as US–Iran agreement revives shipping – Oil exports resume (videos)

The first major oil shipments are passing through the Strait again as shipping activity restarts, though shipping and insurance market officials remain cautious despite the increased movement The post Congestion in the Strait of Hormuz as US–Iran agreement revives shipping – Oil exports resume (videos) appeared first on ProtoThema English.

By Newsroom

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Coverage Timeline

First report: zdg-md · 18 Jun, 05:00Full coverage: 29 · 23hWindow: 23h
Left-leaningCenterRight-leaning
zdg-md18 Jun, 05:00First to report

Noi reduceri la pompă. Au fost stabilite noile prețuri maxime pentru benzină și motorină

7h later
berlingske18 Jun, 12:28

Løkke venter åbning af Hormuzstrædet efter rammeaftale

2h later
seeking-alpha18 Jun, 14:08

Wall Street recovers as traders get past Fed outlook, U.S.-Iran deal lifts sentiment

newsbeast18 Jun, 14:45

Χάος στα Στενά του Ορμούζ από τα πλοία – Εκατοντάδες πλοία διασχίζουν το πέρασμα – Δείτε live εικόνα

de-volkskrant18 Jun, 15:00

Tanken goedkoper na voorzichtige heropening van de Straat van Hormuz

2h later
protothema-en18 Jun, 16:37

Congestion in the Strait of Hormuz as US–Iran agreement revives shipping – Oil exports resume (videos)

digi2418 Jun, 16:45

Petrolul circulă din nou prin Strâmtoarea Ormuz, dar noul acord din Orientul Mijlociu este deja pus la încercare

Al Jazeera18 Jun, 17:09

Southern Lebanon residents doubt US-Iran agreement will bring lasting calm

Yahoo18 Jun, 17:38

Stock Market Today, June 18: Intel Surges As Market Gains on U.S.-Iran Agreement

The Guardian18 Jun, 18:00

‘Cynical to get power’: Michel Barnier on Boris Johnson, Brexit and the EU’s future

index-hr18 Jun, 18:03

Cijene nafte pale nakon otvaranja Hormuza. Zalihe najniže od 1990.

express-tribune18 Jun, 18:24

Pakistan considers big fuel price cut

3h later
cdm-me18 Jun, 21:09

Makron ne vjeruje da je rat između Irana i SAD potpuno završen

observador18 Jun, 21:46

Macron não acredita que guerra tenha terminado

bloomberg18 Jun, 22:05

Asia Stocks Set to Rise as US-Iran Deal Lifts Mood: Markets Wrap - Bloomberg.com

iefimerida18 Jun, 22:46

Wall Street: Κλείσιμο με άνοδο στον απόηχο της υπογραφής του μνημονίου συνεννόησης μεταξύ ΗΠΑ-Ιράν

NYT18 Jun, 23:18

Vance’s Defense of Iran Deal Rests on Vague and Misleading Claims

NHK World19 Jun, 00:14

株価 取引時間中の最高値を更新 ホルムズ海峡正常化を期待

ndtv19 Jun, 00:17

US Faces Tough Path To New Iran Nuclear Deal

punch-ng19 Jun, 00:20

LCCI forecasts lower inflation, fuel prices after ceasefire

indian-express19 Jun, 00:30

US-Iran MoU: An expert gives a point-by-point breakdown, from nuclear issue to Strait of Hormuz

japan-times19 Jun, 00:45

U.S.-Iran deal redraws the Middle East, with Iran’s gains alarming rivals

cnbc19 Jun, 01:28

U.S.-Iran deal in photos: ships in the Strait of Hormuz, daily life in Tehran

France 2419 Jun, 01:34

Middle East Live: White House says Vance not heading to Switzerland Thursday for Iran talks

philstar19 Jun, 01:54

DOE: Big diesel rollback likely on June 23 as global prices fall

hindustan-times19 Jun, 02:40

Oil prices fall as supply starts moving through Strait of Hormuz after US-Iran peace deal

channel-news-asia19 Jun, 02:58

Japan, South Korea stocks hit records as oil prices fall

balkan-web19 Jun, 03:30

Trump mohon se SHBA-të do t’i paguajnë 300 miliardë dollarë Iranit

vanguard-ng19 Jun, 03:48Latest update

Oil slumps to lowest price since US-Iran conflict