The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jun 15, 2026
· 3 min read
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Oil hits 3-month low as U.S., Iran reach peace deal to reopen Strait of Hormuz
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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LEFTCENTERRIGHT
Signal breakdown
Heuristic (v1/v3)
0.00 · CENTER
ML v2 (DistilBERT)
0.298 · RIGHT
Ensemble
0.149 · CENTER
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Article Excerpt
Oil hits 3-month low as U.S., Iran reach peace deal to reopen Strait of Hormuz
REUTERS
PUBLISHED 34 MINUTES AGO
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Oil prices slipped to a 3-month low on Monday after U.S. President Donald Trump and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.
Brent crude futures fell US$4.33, or nearly 5 per cent, to US$83.00 a barrel by 4:40 a.m. ET and U.S. West Texas Intermediate was at US$80.34, down US$4.54, or 5.35 per cent. Both contracts fell to their lowest levels since March 1…
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