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Oil Prices Fall to Prewar Lows as Hormuz Traffic Resumes

How 3 Israeli newsrooms covered this story — translated into English and compared side by side.

Oil Prices Fall to Prewar Lows as Hormuz Traffic Resumes
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Right 2Unrated 1

First reported by Calcalist · Jun 24, 2026

What happened

Oil prices dropped to prewar levels after tanker traffic resumed through the Strait of Hormuz. Brent fell to $73.49 and WTI to $70.10, the lowest since February 27, as markets expected more Middle East supply.

  • 01Brent crude fell to $73.49 and WTI to $70.10 a barrel.
  • 02Prices hit their lowest levels since February 27.
  • 03Tankers resumed moving through the Strait of Hormuz after the ceasefire.
  • 04Chris Wright said at least 20 million barrels passed through the strait in 24 hours.
  • 05Rystad said Gulf congestion is easing and ports are returning to operation.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story
OrganizationsRystad

Full coverage · 3 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

Kikar HaShabbatRight · HebrewJun 25, 2026
Oil Prices Fall to Prewar Lows as Hormuz Traffic Resumes
Now 14Right · HebrewJun 25, 2026
Oil prices fall back to prewar levels after U.S.-Iran breakthrough
CalcalistUnrated · HebrewJun 24, 2026
Oil Prices Hit Lowest Level Since the Iran War Began

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