Home / BusinessBusinessCNBCBusinessCNBC·Jun 16, 2026·1 min readOil prices hit three-month low — but tanker bosses remain cautious on Hormuz transitGlobal oil prices tumbled to a three-month low on Tuesday as the Iran peace agreement dominated the G7 meeting in France.View original source — CNBC ↗ShareCopy linkShare on XShare on FacebookRelated storiesBusinessCNABusinessJun 16, 2026 · 1 minAsian markets temper US-Iran deal optimism as oil prices plungeCNABusinessFinancial TimesBusinessJun 16, 2026 · 1 minOil sinks below $80 a barrel as traders bet Strait of Hormuz flows will returnFinancial TimesBusinessTimes of IndiaBusinessJun 17, 2026 · 1 minOil prices dip near $70 per barrel mark as Middle East turmoil coolsTimes of IndiaBusinessThe PunchBusinessJun 5, 2026 · 1 minOil prices drop as Middle East tensions easeThe Punch
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