Business

Oil Prices Near Pre-War Levels

Updated 2026-06-29 14:40 UTC 2 sources Neutral

Oil prices are nearing pre-war levels, with analysts warning of persistent supply risks from Iran’s leverage in the Strait of Hormuz.

Coverage timeline — 2 articles
CNBC
Commodity strategists warn that Iranian leverage in the Strait of Hormuz will continue to weigh on oil markets and shipping costs.
2026-06-29 13:00 UTC
MarketWatch
The Supreme Court refused to allow President Donald Trump to fire Federal Reserve governor Lisa Cook, in a move that strengthens the independence of the world’s most powerful central bank.
2026-06-29 14:32 UTC
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