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Oil prices ease as recovering Hormuz Strait traffic tempers war premium

Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U.S.-Iran strikes earlier this week.

Oil prices ease as recovering Hormuz Strait traffic tempers war premium

Published July 31, 2026 · Category: Finance

Overview

Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U.S.-Iran strikes earlier this week.

Source

Originally published at www.cnbc.com.

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