Published Jun 18, 2026, 6:04 PM ET · Updated 5 months ago · 1 source
Oil Set for Deep Weekly Loss as Hormuz Traffic Starts to Pick Up
bloomberg
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Original Report
INFERY

Oil headed for a substantial weekly drop as the US-Iran interim peace deal saw shipping through the Strait of Hormuz start to return to normal, easing the global crude market’s biggest ever supply shock.