{"id":1798,"date":"2026-06-16T11:06:08","date_gmt":"2026-06-16T11:06:08","guid":{"rendered":"https:\/\/hometransferguide.com\/?p=1798"},"modified":"2026-06-16T11:06:08","modified_gmt":"2026-06-16T11:06:08","slug":"oil-plummets-to-three-month-low-after-us-iran-interim-peace-deal","status":"publish","type":"post","link":"https:\/\/hometransferguide.com\/?p=1798","title":{"rendered":"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal"},"content":{"rendered":"
\n
<\/p>\n

Oil prices dropped to their lowest point since March on Monday after President Donald Trump announced a tentative US-Iran peace deal.<\/p>\n

Read more DUKE: The World Cup Is Teaching Us A Dark Lesson About Border Security<\/a><\/p>\n

Brent crude dipped to $83 per barrel on Monday after markets opened, having previously sat above $90 a barrel for nearly the entire Iran War. Prices remain well above the pre-Operation Epic Fury rate of roughly $72 per barrel. (RELATED: \u2018Let The Oil Flow!\u2019: Trump Announces Diplomatic Breakthrough With Iran)<\/strong><\/p>\n

\u201cThe Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!\u201d President Donald Trump posted to Truth Social\u00a0on June 14. \u201cWith the opening of the Strait upon the signing of the Deal on Friday, for purposes of mine removal, oil will flow on both ends again for the Region, and the World!\u201d<\/p>\n

\n
\n\"\"\n<\/div>\n

TOPSHOT \u2013 A photo illustration taken in Nicosia on May 4, 2026, shows a person in front of a large screen displaying vessel movements in the Strait of Hormuz on a ship-tracking website. (Photo by AFP via Getty Images)<\/p>\n<\/div>\n

Brent crude is a specific oil blend used as a price benchmark for around 80% of oil traded globally, according to Intercontinental Exchange. Oil prices typically increase or decrease according to Brent crude futures.<\/p>\n

Gasoline prices move alongside Brent crude prices. Every $10 Brent increase corresponds to a 24-cent per gallon gas price increase.<\/p>\n

Read more 84-Year-Old Sen Mitch McConnell Hospitalized<\/a><\/p>\n

<\/p>\n

Maritime traffic through the Strait of Hormuz effectively ended following Iranian retaliation to Operation Epic Fury, which killed Supreme Leader Ayatollah Khamenei and other key officials. Approximately 20% of the global oil supply transits through the Strait of Hormuz.<\/p>\n

Brent peaked at $126 after previous negotiations failed and the U.S. blockaded the strait. Prices have dipped following ceasefires and other peace indicators only to rise after skirmishes or diplomatic setbacks.<\/p>\n

The deal is to be signed on Friday by both the U.S. and Iran, Pakistan\u2019s Prime Minister Shehbaz Sharif announced. Sharif was first to announce that a deal had been reached.<\/p>\n

<\/p>\n

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter\u2019s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact\u00a0licensing@dailycallernewsfoundation.org.<\/p>\n

Read more Transgender Athlete Dominates Female Competition On Way To New York Girls\u2019 Shot Put Championship<\/a><\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Oil prices dropped to their lowest point since March on Monday a tentative US-Iran peace deal was announced.<\/p>\n","protected":false},"author":1,"featured_media":1797,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[31,52,82,335,2131,201,202],"class_list":["post-1798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting","tag-donald-trump","tag-iran","tag-iran-war","tag-israel","tag-oil-crisis","tag-oil-prices","tag-operation-epic-fury"],"yoast_head":"\nOil Plummets To Three-Month Low After US-Iran Interim Peace Deal - Home Transfer Guide<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hometransferguide.com\/?p=1798\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal - Home Transfer Guide\" \/>\n<meta property=\"og:description\" content=\"Oil prices dropped to their lowest point since March on Monday a tentative US-Iran peace deal was announced.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hometransferguide.com\/?p=1798\" \/>\n<meta property=\"og:site_name\" content=\"Home Transfer Guide\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-16T11:06:08+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/#\\\/schema\\\/person\\\/47c12a8611db56d3441574d894569529\"},\"headline\":\"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal\",\"datePublished\":\"2026-06-16T11:06:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798\"},\"wordCount\":458,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/hometransferguide.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/9ad01274a14ba68f4459c7f2ebd48693.webp\",\"keywords\":[\"donald trump\",\"iran\",\"iran war\",\"israel\",\"oil crisis\",\"oil prices\",\"operation epic fury\"],\"articleSection\":[\"Interesting\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/hometransferguide.com\\\/?p=1798#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798\",\"url\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798\",\"name\":\"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal - Home Transfer Guide\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/hometransferguide.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/9ad01274a14ba68f4459c7f2ebd48693.webp\",\"datePublished\":\"2026-06-16T11:06:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/#\\\/schema\\\/person\\\/47c12a8611db56d3441574d894569529\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/hometransferguide.com\\\/?p=1798\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798#primaryimage\",\"url\":\"https:\\\/\\\/hometransferguide.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/9ad01274a14ba68f4459c7f2ebd48693.webp\",\"contentUrl\":\"https:\\\/\\\/hometransferguide.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/9ad01274a14ba68f4459c7f2ebd48693.webp\",\"width\":1280,\"height\":549},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/?p=1798#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/hometransferguide.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/#website\",\"url\":\"https:\\\/\\\/hometransferguide.com\\\/\",\"name\":\"Home Transfer Guide\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/hometransferguide.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/hometransferguide.com\\\/#\\\/schema\\\/person\\\/47c12a8611db56d3441574d894569529\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/hometransferguide.com\"],\"url\":\"https:\\\/\\\/hometransferguide.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal - Home Transfer Guide","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/hometransferguide.com\/?p=1798","og_locale":"en_US","og_type":"article","og_title":"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal - Home Transfer Guide","og_description":"Oil prices dropped to their lowest point since March on Monday a tentative US-Iran peace deal was announced.","og_url":"https:\/\/hometransferguide.com\/?p=1798","og_site_name":"Home Transfer Guide","article_published_time":"2026-06-16T11:06:08+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/hometransferguide.com\/?p=1798#article","isPartOf":{"@id":"https:\/\/hometransferguide.com\/?p=1798"},"author":{"name":"admin","@id":"https:\/\/hometransferguide.com\/#\/schema\/person\/47c12a8611db56d3441574d894569529"},"headline":"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal","datePublished":"2026-06-16T11:06:08+00:00","mainEntityOfPage":{"@id":"https:\/\/hometransferguide.com\/?p=1798"},"wordCount":458,"commentCount":0,"image":{"@id":"https:\/\/hometransferguide.com\/?p=1798#primaryimage"},"thumbnailUrl":"https:\/\/hometransferguide.com\/wp-content\/uploads\/2026\/06\/9ad01274a14ba68f4459c7f2ebd48693.webp","keywords":["donald trump","iran","iran war","israel","oil crisis","oil prices","operation epic fury"],"articleSection":["Interesting"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/hometransferguide.com\/?p=1798#respond"]}]},{"@type":"WebPage","@id":"https:\/\/hometransferguide.com\/?p=1798","url":"https:\/\/hometransferguide.com\/?p=1798","name":"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal - Home Transfer Guide","isPartOf":{"@id":"https:\/\/hometransferguide.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/hometransferguide.com\/?p=1798#primaryimage"},"image":{"@id":"https:\/\/hometransferguide.com\/?p=1798#primaryimage"},"thumbnailUrl":"https:\/\/hometransferguide.com\/wp-content\/uploads\/2026\/06\/9ad01274a14ba68f4459c7f2ebd48693.webp","datePublished":"2026-06-16T11:06:08+00:00","author":{"@id":"https:\/\/hometransferguide.com\/#\/schema\/person\/47c12a8611db56d3441574d894569529"},"breadcrumb":{"@id":"https:\/\/hometransferguide.com\/?p=1798#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/hometransferguide.com\/?p=1798"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hometransferguide.com\/?p=1798#primaryimage","url":"https:\/\/hometransferguide.com\/wp-content\/uploads\/2026\/06\/9ad01274a14ba68f4459c7f2ebd48693.webp","contentUrl":"https:\/\/hometransferguide.com\/wp-content\/uploads\/2026\/06\/9ad01274a14ba68f4459c7f2ebd48693.webp","width":1280,"height":549},{"@type":"BreadcrumbList","@id":"https:\/\/hometransferguide.com\/?p=1798#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/hometransferguide.com\/"},{"@type":"ListItem","position":2,"name":"Oil Plummets To Three-Month Low After US-Iran Interim Peace Deal"}]},{"@type":"WebSite","@id":"https:\/\/hometransferguide.com\/#website","url":"https:\/\/hometransferguide.com\/","name":"Home Transfer Guide","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/hometransferguide.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/hometransferguide.com\/#\/schema\/person\/47c12a8611db56d3441574d894569529","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/hometransferguide.com"],"url":"https:\/\/hometransferguide.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/hometransferguide.com\/index.php?rest_route=\/wp\/v2\/posts\/1798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hometransferguide.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hometransferguide.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hometransferguide.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hometransferguide.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1798"}],"version-history":[{"count":0,"href":"https:\/\/hometransferguide.com\/index.php?rest_route=\/wp\/v2\/posts\/1798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hometransferguide.com\/index.php?rest_route=\/wp\/v2\/media\/1797"}],"wp:attachment":[{"href":"https:\/\/hometransferguide.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hometransferguide.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hometransferguide.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}