Oil Holds Drop After Erasing Most Wartime Gains as Supply Swells - Bloomberg

Yongchang Chin, Alex Longley

Jun 25, 2026

Oil Holds Drop After Erasing Most Wartime Gains as Supply Swells - Bloomberg

Brent oil erased all of its wartime gains after flows through the Strait of Hormuz ramped up following progress on a US-Iran peace deal.

Brent oil erased all of its wartime gains after flows through the Strait of Hormuz ramped up following progress on a US-Iran peace deal. The global benchmark pushed lower for a fourth session, dropp… [+130 chars]

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