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Oil Falls Below $80 For First Time in More Than Three Months

Bloomberg Markets · Jun 16, 2026, 7:12 PM · Also reported by 3 other sources

Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and regional benchmarks collapsing. Gasoline prices are also f

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TechCrunch ChatGPT’s market share slips below 50% for first time Yahoo Finance Oil prices tumble below $80 per barrel for first time since March MarketWatch Global oil prices break below $80 for the first time since the Iran war began. Ships still aren’t passing through Hormuz.

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Oil Falls Below $80 For First Time in More Than Three Months

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