{"id":74885,"date":"2026-06-15T02:56:10","date_gmt":"2026-06-15T07:56:10","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2026\/06\/15\/oil-prices-tumble-and-markets-rally-amid-hopes-strait-of-hormuz-will-reopen\/"},"modified":"2026-06-15T02:56:10","modified_gmt":"2026-06-15T07:56:10","slug":"oil-prices-tumble-and-markets-rally-amid-hopes-strait-of-hormuz-will-reopen","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2026\/06\/15\/oil-prices-tumble-and-markets-rally-amid-hopes-strait-of-hormuz-will-reopen\/","title":{"rendered":"Oil prices tumble and markets rally amid hopes strait of Hormuz will reopen"},"content":{"rendered":"<p>Donald Trump posts \u2018Let the oil flow\u2019 as US-Iran peace deal sparks immediate drop for Brent crude<\/p>\n<ul>\n<li>\n<p><a href=\"https:\/\/www.theguardian.com\/world\/live\/2026\/jun\/15\/iran-us-peace-deal-live-updates-trump-israel-lebanon-hormuz-nuclear-program-europe-response\">Middle East crisis: live updates<\/a><\/p>\n<\/li>\n<li>\n<p><a href=\"https:\/\/www.theguardian.com\/world\/2026\/jun\/14\/trump-calls-for-restraint-israel-airstrikes-beirut-us-iran-peace-deal\">Peace deal between US and Iran announced, with strait of Hormuz expected to reopen<\/a><\/p>\n<\/li>\n<li>\n<p><a href=\"https:\/\/www.theguardian.com\/world\/2026\/jun\/15\/us-iran-peace-deal-terms-details-conditions-explained-what-do-we-know-hormuz-lebanon-israel-nuclear\">What do we know about the US-Iran peace deal \u2013 and what questions remain?<\/a><\/p>\n<\/li>\n<\/ul>\n<p>Global oil prices have tumbled and stock markets rallied amid fresh hopes that a US-Iran peace deal may end the greatest energy supply crisis in the history of the market.<\/p>\n<p>The price of Brent crude dropped 4% to below $84 (\u00a362) a barrel as the new trading week began in financial centres across Asia-Pacific, amid optimism that the strait of Hormuz could reopen shortly and bring a return of Gulf oil exports to the market.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/jun\/15\/oil-prices-fall-strait-of-hormuz-reopening-hopes-iran-us-peace-deal\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump posts \u2018Let the oil flow\u2019 as US-Iran peace deal sparks immediate drop for Brent crude Middle East crisis: live updates Peace deal between US and Iran announced, with strait of Hormuz expected to reopen What do we know about the US-Iran peace deal \u2013 and what questions remain? Global oil prices have tumbled &#8230; <a title=\"Oil prices tumble and markets rally amid hopes strait of Hormuz will reopen\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2026\/06\/15\/oil-prices-tumble-and-markets-rally-amid-hopes-strait-of-hormuz-will-reopen\/\" aria-label=\"Read more about Oil prices tumble and markets rally amid hopes strait of Hormuz will reopen\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-74885","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/74885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=74885"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/74885\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=74885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=74885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=74885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}