Oil sheds 2% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure
- Posted on June 24, 2025
- By CNBC
- 3 Views
Oil sheds 2% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure
A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport through the Strait of Hormuz.
