Big Oil Tankers Abruptly U-Turn Toward Hormuz Ahead Of US-Iran Peace Deal Signing
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Source: Zero Hedge
Published: 2026-06-18 03:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, Energy
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Snippet:
Ahead of the formal signing of the US-Iran peace deal on Friday, Brent crude futures briefly fell below $80 a barrel, as traders priced a quicker pace of supply flows that could normalize in the Gulf area as the Strait of Hormuz moves toward reopening.
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