Friday, June 26, 2026

DD India

June 19, 2026 9:14 AM

Oil falls as supply starts moving through Strait of Hormuz

Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the ​Strait of Hormuz following the signing of the U.S.-Iran interim peace deal. Brent ‌crude futures fell 54 cents, or 0.68...

June 17, 2026 3:30 PM

IEA sees significant 2027 oil surplus after Hormuz recovery

The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait ‌of Hormuz, the International Energy Agency said in its monthly oil market report on Wednesday. The U.S. has announced an interim ag...

Last updated on: 26th June 2026

Back to top