Oil prices fall to $70 as Iran’s missile strike signals possible de-escalation; Strait of Hormuz disruption risk persists

“The geopolitical risks that have loomed over the Middle East for months have now fully materialised, prompting a rapid repricing in the oil market,” said Janiv Shah, Vice President, Oil Markets Analysis, Rystad Energy.

Kartavya News

Jun 25, 2025 - 03:30

Oil prices fall to $70 as Iran’s missile strike signals possible de-escalation; Strait of Hormuz disruption risk persists

“The geopolitical risks that have loomed over the Middle East for months have now fully materialised, prompting a rapid repricing in the oil market,” said Janiv Shah, Vice President, Oil Markets Analysis, Rystad Energy.

Oil prices fall to $70 as Iran’s missile strike signals possible de-escalation; Strait of Hormuz disruption risk persists

​“The geopolitical risks that have loomed over the Middle East for months have now fully materialised, prompting a rapid repricing in the oil market,” said Janiv Shah, Vice President, Oil Markets Analysis, Rystad Energy.

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“The geopolitical risks that have loomed over the Middle East for months have now fully materialised, prompting a rapid repricing in the oil market,” said Janiv Shah, Vice President, Oil Markets Analysis, Rystad Energy.