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Lucknow, India

Oil Down on US-Iran Interim Hormuz Deal

Published 15 June 2026 ยท india

Oil fell after the US and Iran agreed to an interim deal to end their war, potentially allowing the Strait of Hormuz to reopen and

Oil fell after the US and Iran agreed to an interim deal to end their war, potentially allowing the Strait of Hormuz to reopen and easing a supply crunch that has rattled global energy markets.

Bloomberg's Stephen Stapczynski reports. More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg

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