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Oil Prices Drop as Strait of Hormuz Traffic Resumes, Global Stocks Rally

Global stock markets have rallied and oil prices have fallen to pre-Iran-war lows, with crude oil now set for a deep weekly loss, as traffic through the Strait of Hormuz begins to pick up following its reopening.

18 Jun, 21:01 — 18 Jun, 22:04
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The Story

Analyzing sources…

Source Diversity

Source Diversity

Moderate (32/100)
2 sources— more sources would strengthen this score15/33
Spectrum spread2/5 buckets covered8/33
Far L
Left
Center1
Center (1)
bloomberg
Right1
Right (1)
channel-news-asia
Far R
Geographic diversity2 regions9/34
US1Singapore1
Only 2 sources cover this story