Oil sharply lower as more tankers exit Strait of Hormuz
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0.141 · CENTER
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Article Excerpt
Oil prices dive as more tankers move through Strait of Hormuz
LONDON
REUTERS
PUBLISHED JUNE 26, 2026
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Crude prices fell by more than 3% on Friday, on course for steep weekly losses, as oil tankers kept exiting the Strait of Hormuz, easing supply concerns the day after a cargo vessel was hit near Oman.
Brent crude futures settled at $71.99 a barrel, down $3.27, or 4.34%. U.S. West Texas Intermediate finished at $69.23 a barrel, down $2.69 or 3.74%.
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