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Crude oil prices extend fall on smoother flows through Strait of Hormuz — India Verified

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Crude oil prices extend fall on smoother flows through Strait of Hormuz

Business24 Jun 2026, 07:39 amQuick read

Crude oil prices extend fall on smoother flows through Strait of Hormuz

Credibility score80 / 100

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2sources verified

Brent crude prices fell to $76.73 per barrel. Eased US-Iran tensions led to lower oil prices. Iran's oil sales are expected to increase.

AI Credibility Analysis

The score falls in the 70-89 band as it is based on 2 named sources, including specific data and details about the situation, but lacks official statements or multiple authoritative sources.

Original Sources

Mint
The Economic Times

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Crude oil prices extend fall on smoother flows through Strait of Hormuz

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