Oil prices fall as markets eye Iran talks
After a rare dark transit through the Strait of Hormuz in May, the Eneos Endeavor supertanker approaches the Eneos Corp. Negishi oil refinery in Yokohama, Japan, on June 6. (Akio Kon/Bloomberg) June 16, 2026 8:16 am, EDT key takeaways: Oil prices edged lower in early trade after the US and Iran reached a tentative deal