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 Gold avoids a complete breakdown on surprising US-Iran breakthrough as focus turns to FOMC USDJPY falls to new lows. Retests 100 hour MA Indian Rupee holds gains amid subdued US Dollar, lower oil prices Fed’s Jefferson: Monetary policy is well positioned to respond, not prejudge June meeting US President Donald Trump expects deal with Iran to reopen Hormuz, extend ceasefire next week 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 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 Canadian Dollar declines as oil prices ease Trading Ideas June 19, 2026 Brent Crude Oil Wave Analysis – 16 June 2026 Best Strategy Updates June 19, 2026
