Oil Prices Slip Below $80 Per Barrel
Global crude oil benchmarks have fallen below the $80 per barrel mark for the first time since March, as traders
Emmanuel Eze
June 17, 2026
- June 17, 2026
Global crude oil benchmarks have fallen below the $80 per barrel mark for the first time since March, as traders
Global oil prices declined sharply on Monday while stock markets rallied after the announcement of a peace agreement between the
Iranian state television on Wednesday broadcast details of a proposed agreement aimed at extending Iran’s ceasefire with the United States
Benchmark Brent crude dropped about 11% to $88 per barrel, while West Texas Intermediate fell roughly 10% to $81.5 per
The United States and Iran have agreed to a time-bound, two-week ceasefire, halting a cycle of escalation that had heightened
UK Prime Minister Keir Starmer has announced that the UK will lead a major diplomatic summit of approximately 35 nations
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