Oil prices decline as Strait of Hormuz traffic resumes following ceasefire
Story essentials
International Maritime Organization, Iran, US, Global Energy Industry
Strait of Hormuz
June 25, 2026
This page is produced by collecting and structuring multiple public reports. Sections based only on reporting or testimony affect the displayed assessment, and the page is updated when new information is identified.
About this article
COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 16/25/2026, 1:10:41 PM
Oil prices have fallen to pre-war levels as tankers resume transit through the Strait of Hormuz. A 60-day ceasefire has allowed the safe exit of stranded commercial vessels. The IMO is coordinating the evacuation of 11,000 seafarers from 600 trapped ships.
Read next
Prioritized by shared people, places, and events.
Asian currencies weaken against the dollar following Fed rate hike
Asian currencies weakened against the dollar on Thursday. The Japanese yen slipped into the 156-range. The movement follows a hawkish rate hike by the U.S. Federal Reserve.