On June 29 the US and Iran reached an agreement to halt hostilities, firming the ceasefire after the late-June relapse; WTI rose ~1.9% to ~$70.56 on the news before resuming its decline.
Provenance — node opacity = source trust
- Evidence Strength
Moderate
- Evidence Observed At
- Jun 29, 2026 · 8:00 PM UTC
- Citation
- https://www.cnbc.com/2026/06/29/oil-prices-wti-brent-crude-us-iran-strikes-strait-hormuz-talks.html
- Citation Source
cnbc
- Geopolitical Event Date
- Jun 29, 2026