SECURITYNY POST
US crude oil falls below $70 a barrel despite Iranian attack on cargo ship
US crude oil fell below $70 a barrel as traders remained optimistic about tanker traffic through the Strait of Hormuz despite an Iranian attack on a cargo ship.
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Adjacent reporting
- Brent crude drops below $75 for first time since war on Iran
- Oil sinks below $80 a barrel as traders bet Hormuz flows will return
- Russian Oil Output Hits One-Year Low as Ukrainian Strikes Cripple Refineries
- Bitcoin Dips Below $75,000 as Strait of Hormuz Sees Zero Oil Tankers for First Time in History
- U.S. oil prices fall below $74 a barrel on 60-day pause on Iranian oil sanctions