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Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open

Yahoo Finance · Jun 16, 2026, 4:53 PM · Also reported by 4 other sources

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BBC News Three reasons ships are not going through the Strait of Hormuz yet France 24 How can France-UK mission help reopen Strait of Hormuz? France 24 No toll but ‘maritime service fees’ for Strait of Hormuz? MarketWatch Oil may move through the Strait of Hormuz first, leaving fertilizer supplies stranded

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Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open

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