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24H Sentiment: Optimistic (10.5)

Oil prices tumble and markets rally amid hopes strait of Hormuz will reopen

The Guardian US News June 15, 2026 · 7:27 am Read Original

Bullish 54.6

−100 Bearish 0 +100 Bullish

Oil prices tumble and markets rally amid hopes strait of Hormuz will reopen

Donald Trump posts ‘Let the oil flow’ as US-Iran peace deal sparks immediate drop for Brent crudeMiddle East crisis: live updatesPeace deal between US and Iran announced, with strait of Hormuz expected to reopenWhat do we know about the US-Iran peace deal – and what questions remain?Global oil prices have tumbled and stock markets rallied amid fresh hopes that a US-Iran peace deal may end the greatest energy supply crisis in the history of the market.The price of Brent crude dropped 4% to below $84 (£62) a barrel as the new trading week began in financial centres across Asia-Pacific, amid optimism that the strait of Hormuz could reopen shortly and bring a return of Gulf oil exports to the market. Continue reading...

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Source The Guardian US News

Published Jun 15, 2026 · 7:27 am

Article ID rrkzly3

Original URL Open source

Bullish 54.6

−100Neutral+100

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