business

Crude Oil Edges Lower as Deal to Reopen Hormuz Goes Into Effect

Bloomberg Markets · Jun 17, 2026, 10:03 PM · Also reported by 3 other sources

Oil edged lower as traders assessed the interim US-Iran peace deal, with state television in the Islamic Republic and a US official saying that the pact had been signed digitally by the nations’ presidents.

Read full story on Bloomberg Markets → More top stories

Also covered by

Pakistan Observer US, Iran mull Remote Signing of Deal as early as Wednesday to reopen Hormuz DW English Read: US officials release 14-point document to end war with Iran, reopen Strait of Hormuz NY Times U.S.-Iran Agreement Includes Strait of Hormuz, Lebanon and More: See Full Text of the Deal

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Crude Oil Edges Lower as Deal to Reopen Hormuz Goes Into Effect

Also covered by

More in business