June 14, 2026
Oil prices are still above pre-war levels despite sharp recent decline
The key waterway will remain open while the Israel-Lebanon ceasefire is in place, says Iranian Foreign Minister Araghchi
Asia-Pacific shares remain near recent highs despite a slight fall in trading
The Strait of Hormuz has remained blocked, disrupting global oil flows
Strait of Hormuz closure disrupts Middle East oil exports, refiners seek alternatives
Oil sharply lower, with Brent crude futures falling 8.3%
Brent crude futures were down 2 cents, or 0.03%, to $62.47 a barrel
OPEC report says oil supply will match demand in 2026