Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?

Synopsis Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a barrel as of 0026 GMT. Listen to this article in summarized format Loading… × Oil prices traded flat on Tuesday after tumbling in the previous session as investors remained focused on signs of a sustained recovery in crude shipments through the Strait of Hormuz, the most important waterway transporting 20% of the world’s total oil exports. Crude oil price on June 23 Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel,…