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Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz

Fears of long-lasting energy crunch ‘slinking away’ as vessel traffic doubled in 24 hours to highest level since late February Business live – latest updates Oil prices have fallen below levels last seen before the Iran war started in late February as more...

The Guardian·
AI summary

Fears of long-lasting energy crunch ‘slinking away’ as vessel traffic doubled in 24 hours to highest level since late February Business live – latest updates Oil prices have fallen below levels last seen before the Iran war started in late February as more...

What happened

Fears of long-lasting energy crunch ‘slinking away’ as vessel traffic doubled in 24 hours to highest level since late February Business live – latest updates Oil prices have fallen below levels last seen before the Iran war started in late February as more...

Why it matters

This business report is being tracked from The Guardian because it may affect readers, markets, policy, culture, or daily decisions.

Key facts
  • Category: business
  • Edition: IN
  • Fetched: Thu, 25 Jun 2026 13:20:26 GMT
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