Oil price falls to levels not seen since before Iran war

BBC News Thursday 25 June 2026, 07:11 UTC 1 min read

Key Points

Energy prices have been on a wild ride since Iran responded to US and Israeli attacks by effectively closing the Strait of Hormuz.

Iran war Energy (EVENT) Iran (LOCATION) US (LOCATION) Israeli (ORG) the Strait of Hormuz (LOCATION)

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Oil price falls to levels not seen since before Iran war

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