Oil prices fall below $80 on Middle East peace prospects | The National
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Source: The National (UAE)
Published: 2026-06-17 00:21 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Trade & Sanctions, Business & Economy, War & Conflict
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Snippet:
Oil prices fell by more than 4 per cent to trade below $80 per barrel on Tuesday amid prospects of a resumption of supplies through the Strait of Hormuz after the US and Iran reached an agreement to end the Middle East war.
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