By Tala Ramadan, David Morgan and Patricia Zengerle
DUBAI/WASHINGTON, June 25 (Reuters) – Oil prices fell to pre-war levels on Thursday as the United States said flows through the Strait of Hormuz were nearing normal and its top diplomat completed a Gulf tour aimed at shoring up support for a preliminary Iran deal.
U.S. Energy Secretary Chris Wright said on Wednesday shipments through the strait were approaching levels seen before the U.S. and Israel launched strikes on Iran on February 28, with at least 20 million barrels exiting the strait in the previous 24 hours.
Article origin: https://www.al-monitor.com/originals/2026/06/oil-back-pre-war-levels-hormuz-traffic-rebounds-us-tries-reassure-gulf-allies
Original author: Tala Ramadan
