Oil falls to 3-month low on US-Iran deal hopes
- June 17, 2026
Global oil prices fell to their lowest levels in more than three months on Tuesday as markets assessed the prospects of a US-Iran peace deal that could restore crude flows through the...
Global oil prices fell to their lowest levels in more than three months on Tuesday as markets assessed the prospects of a US-Iran peace deal that could restore crude flows through the...
Worldwide demand for oil has scaled back due to the COVID-19 pandemic, based on estimates from the International Energy Agency (IEA). Global demand currently stands at around 91.7 barrels per day (bpd)...