Oil At Three-Month Low: Brent At $83 As Attention Turns To Hormuz Reopening Plan

Brent crude settled near $83 a barrel after dropping almost 5% in the previous session, while West Texas Intermediate (WTI) hovered above $81.

Jun 16, 2026 2

Oil At Three-Month Low: Brent At $83 As Attention Turns To Hormuz Reopening Plan
Brent crude settled near $83 a barrel after dropping almost 5% in the previous session, while West Texas Intermediate (WTI) hovered above $81.
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