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Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming 

By CNBC | 1 min read

Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming 

Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.

# Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming  Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz. **Read the full article:** [CNBC](https://www.cnbc.com/2026/06/25/oil-price-supply-concerns-ease-with-hormuz-tanker-traffic-resuming-.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*