U.S. crude oil falls below $70, resuming losses after attack on cargo ship near Oman

Oil extended declines on Friday, with markets focused any further breakthroughs in the Middle East conflict, while absorbing a flurry of Persian Gulf news.

# U.S. crude oil falls below $70, resuming losses after attack on cargo ship near Oman Oil extended declines on Friday, with markets focused any further breakthroughs in the Middle East conflict, while absorbing a flurry of Persian Gulf news. **Read the full article:** [CNBC](https://www.cnbc.com/2026/06/26/oil-prices-middle-east-iran-strait-of-hormuz-opec-iraq-wti-brent-crude.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*