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Lucknow, India

Oil Prices Fall as US-Iran Deal Set to Add Wave of Supply

Published 17 June 2026 ยท india

Oil headed for the longest losing run in 10 months on expectations that a US-Iran deal to reopen the Strait of Hormuz will unleash a

Oil headed for the longest losing run in 10 months on expectations that a US-Iran deal to reopen the Strait of Hormuz will unleash a wave of supply.

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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