Home / BusinessBusinessFinancial TimesBusinessFinancial Times·Jun 16, 2026·1 min readOil sinks below $80 a barrel as traders bet Strait of Hormuz flows will returnBrent crude has tumbled to three-month low following agreement to extend US-Iran ceasefireView original source — Financial Times ↗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 reopeningEuronewsBusinessTimes of IndiaBusinessJun 17, 2026 · 1 minOil prices dip near $70 per barrel mark as Middle East turmoil coolsTimes of IndiaBusinessCNABusinessJun 16, 2026 · 1 minAsian markets temper US-Iran deal optimism as oil prices plungeCNA
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