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Oil Prices Waver as Traders Hope the Strait of Hormuz Will Reopen

Oil Prices Waver as Traders Hope the Strait of Hormuz Will Reopen
NYT Business Wednesday 17 June 2026, 12:18 UTC By The New York Times 1 min read
Key Points

Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and being a 60-day cease-fire.

Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and being a 60-day cease-fire.
U.S. (LOCATION) Iranian (ORG) Switzerland (LOCATION)
Originally published by NYT Business Read original →

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