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CommoditiesGlobal Markets
Oil Price Drop After the Iran Deal: Will Gas Prices Follow?
Caglar A.
June 27, 2026
Oil fell more than 4.5% toward $80 after the U.S.-Iran framework deal. Here is why crude dropped and why gas prices follow with a lag.
CommoditiesGlobal Markets
What Is the Strait of Hormuz? The World’s Most Important Oil Chokepoint
Caglar A.
June 26, 2026
The Strait of Hormuz carries roughly 20% of the world's oil. Here is where it is, why it is the key oil chokepoint, and how disruptions move markets.
