Crude oil prices crash 42% from April’s $126 peak. More downside coming?
- Posted on June 25, 2026
- By Business News Today
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- 1 min read
Crude oil prices crash 42% from April’s $126 peak. More downside coming?
Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummeted 42% from their April peak, with Brent falling below $73 a barrel, signaling a return to pre-conflict levels
