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Crude oil futures drop despite fears Iran will close Strait of Hormuz![]() June 23 (UPI) -- Oil futures declined and U.S. stock indexes rose despite fears Iran will close the Strait of Hormuz, a key waterway for transporting oil around the world. Oil prices climbed on Sunday in response to the U.S. joining Israel's campaign against Iran but investors hope Iran will avoid escalating the situation. The price of U.S. benchmark West Texas Intermediate Crude oil for August was $67.98, a drop from $74.08 Friday, before American B-2 bombers struck three Iranian nuclear facilities early Sunday. WTI climbed to $80 per barrel earlier this year but was under $60 per barrel in May. When Russia attacked Ukraine in 2022, prices reached $120 per barrel. "We probably built as much as a $15 to $20 per barrel premium in oil over the last week versus where we were trading pre-Israel, Iran," Veriten's Arjun Murti told CNBC Monday after the markets closed Monday. "And we're now in the process of eliminating that. I think the market is saying, 'Hey, it looks like the worst of this turmoil is behind us.' If we are on track to avoid a bigger war, that is unquestionably good news." The Dow Jones Industrials, Standard & Poor's and Nasdaq Composite closed Monday up less than 1%, two hours before President Donald Trump announced a
カプセルインタフェース:座りながら視覚・聴覚・動作・力加減を伝える体験 – Capsule Interface: Experience Full-Body Realism from Your Seat |
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