Oil prices fall to lowest levels in more than three months on U.S.-Iran peace deal announcement
Vessels at the Strait of Hormuz, as seen from Musandam, Oman. File | Photo Credit: Reuter Oil prices tumbled to a more than three-month low on Monday (June 15, 2026) as Iran and the United States agreed on a peace deal – potentially putting an end to the more than hundred-day conflict in the West…