Crude oil prices decline to $77.6 amid geopolitical shifts
pre-market1 source ↓written by the desknot a recommendation
- Brent crude
- 0.4%
- per barrel
- $77.6
- drop on Monday
- 3%
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. This decline reflects easing supply disruption concerns as U.S.-Iran negotiations progress, impacting the geopolitical risk premium. Traders are monitoring tanker movements through the Strait of Hormuz closely, a critical route for global oil flows.
Not investment advice. For informational purposes only.