Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › World News › Oil Falls as US-Iran Deal Set to Add Wave of Supply
World News

Oil Falls as US-Iran Deal Set to Add Wave of Supply

Oil Falls as US-Iran Deal Set to Add Wave of Supply
Bloomberg Markets Wednesday 17 June 2026, 06:08 UTC 1 min read
Key Points

Jun 17th, 2026 Oil Falls as US-Iran Deal Set to Add Wave of Supply Oil headed for the longest losing run in 10 months on expectations that a US-Iran deal to reopen the Strait of Hormuz will unleash a wave of supply. Bloomberg's Stephen Stapczynski reports.

Jun 17th, 2026 Oil Falls as US-Iran Deal Set to Add Wave of Supply Oil headed for the longest losing run in 10 months on expectations that a US-Iran deal to reopen the Strait of Hormuz will unleash a wave of supply. Bloomberg's Stephen Stapczynski reports. [Image text:] Strait of Hormuz June 12 EMPTYTANKERSENTERING HORMUZ IRANWAR SEENKEYFORENERGYMARKET
Oil Falls (ORG) US (LOCATION) Iran (LOCATION) the Strait of Hormuz (LOCATION) Bloomberg (ORG) Stephen Stapczynski (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

Hanson wasn't there for Press Club. She was there for Fight Club

analysis Pauline Hanson wasn't there for the National Press Club. She was there for Fight Club Wed 17 Jun 2026 at 5:21pm When Pauline Hanson started out in politics, the only way to reach a national audience was through the mainstream media.

ABC Australia 17m ago

Hong Kong to mandate health checks for commercial drivers aged 65 and above

Hong Kong plans to introduce mandatory health checks for commercial vehicle drivers aged 65 or above by the middle of next year, tightening both the age threshold and the frequency of assessments to improve road safety. Undersecretary for Transport and Logistics Liu Chun-san told the Legislative Council on Wednesday that authorities would also establish a register of doctors, providing guidance to help drivers choose an appropriate practitioner. Liu said the government planned to lower the...

South China Morning Post 19m ago

Nearly 200 injured service members compete in 2026 Warrior Games

SAN ANTONIO, Texas — Army Maj. Jonathan Turnbull was given 12 hours to live after an ISIS suicide bomber attacked his team in Manbij, Syria in 2019. After seven years and 23 life-saving surgeries, he competed in the 2026 Warrior Games in San Antonio, Texas.

Fox News 20m ago

Breaking: Two children die after being struck by car

Two children die after being hit by car in Cabramatta in Sydney's south-west Wed 17 Jun 2026 at 5:18pm Two children have died after being struck by a car while sitting in a pram in Sydney's south-west on Wednesday. Emergency services worked on the children, aged one and five, at the scene in Cabramatta before they were taken to hospital in a critical condition. They have since died.

ABC Australia 20m ago