Energy & Petrochemicals #brent crude#oil prices
Brent crude slips as markets await clarity on US-Iran peace deal details
Brent crude futures edged lower on Tuesday as traders remained cautious after the US-Iran peace deal announcement lacked specific terms. August Brent slipped 0.30% to $82.92, while WTI eased 0.12% to $80.65. President Trump claimed ships carrying oil are moving out of the Strait of Hormuz, but Iran's President Pezeshkian said a final agreement has not yet been reached, keeping markets on edge.
Jun 16, 2026 1 source