Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz | TheStarTV.com

Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz

Published on 15 Jun 2026 6:09:57 PM

Oil prices fell to their lowest level since March on Monday (June 15) after signs of a potential breakthrough in efforts to end the conflict between the United States and Iran and restore shipping through the Strait of Hormuz.

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news, thestartv, the star, us, iran, peace deal, war, strait of hormuz, oil, crude, price, drop, inflation, economy

Oil prices fell to their lowest level since March on Monday (June 15) after signs of a potential breakthrough in efforts to end the conflict between the United States and Iran and restore shipping through the Strait of Hormuz.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, us, iran, peace deal, war, strait of hormuz, oil, crude, price, drop, inflation, economy

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