Oil set for sharp weekly drop as Hormuz traffic resumes after peace deal Last updated: June 19, 2026 12:49 am Share 0 Min Read SHARE Oil set for sharp weekly drop as Hormuz traffic resumes after peace deal Source link You Might Also Like Fed’s Schmid: Surging oil is weighing on spending power Is the Stock Market Rally Over? Dow Jones, Nasdaq and S&P 500 Intraday Levels Spot gold at session highs after Consumer Sentiment ticks up to 49.8 WTI Crude falls as Iranian proposal raises hopes for renewed US-Iran negotiations Al Qaeda-linked militants curb their brutality in seized Malian territory Sign Up For Daily NewsletterBe keep up! Get the latest breaking news delivered straight to your inbox.[mc4wp_form]By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time. Share This Article Facebook LinkedIn Reddit Copy Link Share Previous Article Brent Crude Oil Wave Analysis – 16 June 2026 Next Article Canadian Dollar declines as oil prices ease Latest News UK Labour’s Andy Burnham wins Makerfield by-election, paving way to challenge PM Starmer Macro Drivers June 19, 2026 Silver Price Forecast: XAG/USD falls to near $70.50 due to Fed rate hike odds Trading Ideas June 19, 2026 Gold set for 3rd weekly fall as hawkish Fed eclipses Iran truce cheer Macro Drivers Market Analysis June 19, 2026 Analysis-US-Iran deal redraws the Middle East: Iran gains, rivals alarmed June 19, 2026