MAEXO
geopoliticsbearishWTIPublished Jun 15, 2026, 6:17 AM

Oil Prices Tumble on US-Iran Peace Deal

Oil Prices Tumble on US-Iran Peace Deal
Brent crude fell more than 4% to under $84 a barrel and WTI similarly declined after the deal eased fears of prolonged supply disruptions from the Strait of Hormuz. Prices had previously risen on conflict threats earlier in June.

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