Crude oil prices fell around 7% on Monday, after Iran said it had launched a missile attack on a US base in Qatar. Investors appear to take the retaliatory action as being limited, following days of uncertainty over whether Tehran would close the Strait of Hormuz. Donald Trump later said Iran had given the US advanced notice of the attack. Earlier, Washington also called on China to pressure Tehran not to close the vital waterway.
Trending
- Is It Safe to Travel to Dubai? The Latest on Airspace Closures, Flight Delays, and Government Advisories
- The Challenge of Rebuilding Syria
- Nato members willingly increasing defence spending amid rising threat from Russia, says Rutte | Nato
- Brad Pitt Says David Fincher’s Se7en Reinvigorated His Love of Acting
- Elie Saab Resort 2026 Collection
- New Zealand ad campaign to make country ‘best place in the world to have herpes’ wins top prize at Cannes Lions | New Zealand
- Jelly Sandals Are the New Comfy Shoe Trend for Summer
- Rescuers search for Brazilian tourist Juliana Marins on Indonesian volcano
Tuesday, June 24
Oil prices fall sharply after Iran strikes US base in Qatar
Olivia Carter
Olivia Carter is a staff writer at Verda Post, covering human interest stories, lifestyle features, and community news. Her storytelling captures the voices and issues that shape everyday life.