Oil Drops Below $80 a Barrel on US-Iran Strait of Hormuz Deal
2026-06-16 12:30:05
Oil fell below $80 a barrel for the first time since early March. In a US-Iran deal to reopen the Strait of Hormuz, according to Bloomberg, traders boosted expectations for a revival in supply.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
