Thursday, June 18, 2026

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June 17, 2026 11:47 AM

Brent crude falls below $80 amid hopes of lasting US-Iran truce

Global crude oil prices declined by almost 1 per cent on Wednesday as investors and traders assessed the possibility that the Iran conflict would end and the Strait of Hormuz would reopen. International oil benchmark Brent crude fell 0.72 per cent t...

June 17, 2026 10:55 AM

Oil slides on Iran supply prospects as traders wait on Warsh

Tumbling crude prices on news that Iranian fuel may soon hit global markets promised inflation relief and pushed bond yields lower on Wednesday, while stocks and currencies were quieter ahead of ​Kevin Warsh's debut meeting as Federal Reserve chair...

Last updated on: 18th June 2026

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