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Oil prices hit three-month low — but tanker bosses remain cautious on Hormuz transit

CNBC · Jun 16, 2026, 8:03 AM · Also reported by 2 other sources

Global oil prices tumbled to a three-month low on Tuesday as the Iran peace agreement dominated the G7 meeting in France.

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ARY News Strait of Hormuz transit will take ‘weeks’ to resume, largest tanker operator tells FT NY Times Gas Prices May Remain High Despite US-Iran Deal

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Oil prices hit three-month low — but tanker bosses remain cautious on Hormuz transit

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