Home / WorldWorldBloombergWorldBloomberg·Jun 16, 2026·1 min readBrent Oil Falls Below $80 With US-Iran Deal Set to Add SupplyOil fell below $80 a barrel for the first time since early March as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply.View original source — Bloomberg ↗ShareCopy linkShare on XShare on FacebookRelated storiesBusinessBloombergBusinessJun 16, 2026 · 1 minOil Falls Below $80 With US-Iran Deal Set to Add Wave of SupplyBloombergBusinessEuronewsBusinessJun 17, 2026 · 1 minOil sinks to three-month low on hopes of Hormuz reopeningEuronewsBusinessThe PunchBusinessJun 16, 2026 · 1 minOil drops below $80 on US-Iran dealThe PunchBusinessEuronewsBusinessJun 17, 2026 · 1 minOil falls below $80 as OECD oil reserves drop to lowest level since 1990Euronews
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