Markets
Wednesday, 6/24, 12:16 AM
Oil Slides to a Three-Month Low as Iran Waiver and Hormuz Calm Ease Supply Fears
- Crude prices fell to their lowest in nearly three months as a U.S.
- sanctions waiver clears the way for more Iranian barrels and tankers keep moving through the Strait of Hormuz, draining the war-risk premium that had gripped the market.