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U.S. crude drops below $80 for the first time since March as Iran deal is set to open Hormuz Strait

CNBC · Jun 15, 2026, 7:38 AM · Also reported by 4 other sources

"The Deal with the Islamic Republic of Iran is now complete," Trump said in a Truth Social post.

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Wired An Open Strait of Hormuz Won’t Fix Gas Prices Overnight ARY News Strait of Hormuz ship traffic climbs after war deal: trackers Financial Times Iran to seek ‘insurance fees’ for passage through Strait of Hormuz Euronews Confusion in Strait of Hormuz amid reports Iran has reclosed the waterway

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U.S. crude drops below $80 for the first time since March as Iran deal is set to open Hormuz Strait

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