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Article Market Watch

U.S. oil prices fall back to preconflict levels as physical flow through the Strait of Hormuz improves

Market Watch June 24, 2026 · 4:22 pm Read Original
Bearish -55.0
−100 Bearish 0 +100 Bullish
U.S. oil prices fall back to preconflict levels as physical flow through the Strait of Hormuz improves

U.S. and global benchmark oil prices have dropped back to levels they haven’t seen since before the U.S.-Israeli war with Iran started at the end of February, but it’s not because risks associated with the conflict have suddenly disappeared.

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Article Info
Source Market Watch
Published Jun 24, 2026 · 4:22 pm
Article ID kswoaak
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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