Oil Prices Drop Below $80 Per Barrel, Following the Reopening of the Strait of Hormuz

Oil Prices Drop Below $80 Per Barrel, Following the Reopening of the Strait of Hormuz

Ashley Paredes
|
June 18, 2026
President Trump signed an Iran peace memorandum Thursday, reopening the Strait of Hormuz and dropping oil prices below $80 per...
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