Published Jun 17, 2026, 6:03 PM ET · Updated 5 months ago · 1 source

Crude Oil Edges Lower as Deal to Reopen Hormuz Goes Into Effect

bloomberg
bloomberg
·
Original Report
INFERY
Crude Oil Edges Lower as Deal to Reopen Hormuz Goes Into Effect

Oil edged lower as traders assessed the interim US-Iran peace deal, with state television in the Islamic Republic and a US official saying that the pact had been signed digitally by the nations’ presidents.