Crude oil prices decline to $77.6 amid Iran-US talks
after close1 source ↓written by the desknot a recommendation
- Brent crude
- 0.4%
- per barrel
- $77.6
- drop on Monday
- 3%
- per barrel
- $73.7
Crude oil prices fell further on 23 June 2026, with Brent crude down 0.4% to $77.6 per barrel, following a 3% drop on Monday. The decline is attributed to improved supply flows through the Strait of Hormuz and easing geopolitical tensions from ongoing Iran-US negotiations. Market participants are monitoring tanker movements closely for sustained trends.
• Brent crude: $77.6 per barrel
• WTI crude: $73.7 per barrel
• Focus on Strait of Hormuz flows
Immediate market implications suggest a potential stabilization in oil prices as supply concerns diminish.
Not investment advice. For informational purposes only.