Brent crude oil falls below $87 a barrel after reopening of the Strait of Hormuz

Published at: 17/04/2026 10:52 AM

This Friday, global oil prices fell by more than 13%, placing Brent crude below $87 per barrel. This decrease represents the lowest level for the international score since March 11, immediately reacting to announcements about the normalization of commercial traffic in the Middle East.

According to stock market data cited by Sputnik, the delivery of futures for June reflected a downward trend that marks a significant change in energy dynamics in recent weeks. The reopening of the Strait of Hormuz to commercial vessels served as the main catalyst for this decline in international prices.

As uncertainty about potential disruptions in global supply eased, the upward pressure that dominated the market quickly dissipated. Traders and investors adjusted their positions to the expectation of a constant flow of crude oil, allowing the market to recover operational stability that had not been seen since the beginning of the previous month.

West Texas Intermediate also accompanied this downward trend, reflecting widespread relief in hydrocarbon distribution chains. Financial analysts indicated that the reestablishment of traditional maritime routes allows for more efficient logistics, reducing the costs associated with insurance and cargo transportation. This scenario suggests that, if stability is maintained in transit areas, prices could stabilize in more manageable ranges for importing economies over the next quarter.

Experts from the energy sector are now monitoring the response of producer countries to this accelerating drop in export revenues. The authorities of various international organizations indicated that volatility will continue to be present while the terms of the regional truce are consolidated. For the time being, the decline in prices offers a reprieve from global inflation, although the speed of the stock market crash keeps the main stock exchanges specializing in commodities on alert.

Mazo News Team