Home / BusinessBloombergBusinessBloomberg·Jun 16, 2026·1 min readOil Holds Near Three-Month Low as Iran Deal Seen Boosting SupplyOil held near a three-month low on expectations that a US-Iran deal to reopen the Strait of Hormuz will unleash a wave of supply.View original source — Bloomberg ↗ShareCopy linkShare on XShare on FacebookRelated storiesBuenos Aires TimesTechnologyJun 16, 2026 · 1 minTrump says Hormuz Strait to reopen Friday under US-Iran dealBuenos Aires TimesBloombergBusinessJun 16, 2026 · 1 minGooden: Oil Will Live with War Hangover for Several YearsBloombergCNABusinessJun 16, 2026 · 1 minOil drops below US$80 on US-Iran dealCNABloombergBusinessJun 16, 2026 · 1 minHormuz Reopening Seen Unleashing Pent-Up Gulf Grain DemandBloomberg
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