WORLDMARKETWATCH
Global oil prices break below $80 for the first time since the Iran war began. Ships still aren’t passing through Hormuz.
Global oil prices have fallen below $80 for the first time since the Iran war began. Shipping data indicates significantly reduced tanker traffic through the Strait of Hormuz.
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Adjacent reporting
- Oil price plunges to lowest since start of Iran war
- Oil price plunges to lowest since start of Iran war
- Oil prices drop to cheapest level since early days of Middle East conflict
- Why bringing down oil’s price is so hard
- Monthly oil prices set to dip as Iran war reaches stalemate
- Oil falls below $80 as markets rally on Iran-US peace deal: What to know