Iran
Crude oil prices fall below $74 a barrel for the first time since early March
Several vessels remained near the Strait of Hormuz on June 18. © Reuters
KENJI ASADA and YUJI OHIRA
NEW YORK/HOUSTON, Texas — Ship traffic through the Strait of Hormuz began resuming the day after the U.S. and Iran signed a memorandum of understanding to halt the war, with at least six oil tankers confirmed to have passed through the strategic waterway.
