Crude Oil Dips $2/Barrel as Trump Declares Israel‑Iran Ceasefire in Effect
Crude oil prices dropped over $2/barrel in Asia Tuesday after former President Trump announced a “total and complete” ceasefire between Israel and Iran, easing Strait of Hormuz concerns and shifting market focus back to fundamentals. On June 24, Asian crude prices slid sharply—Brent fell to $69.31 and WTI to $66.39 per barrel—down over $2 each, […]