Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming
- Posted on June 25, 2026
- By CNBC
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- 1 min read
Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming
Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.