Brent settles at $73.74, lowest since before Iran war as Hormuz tankers exit

Brent settled at $73.74 a barrel on June 24, down $3.34 or 4.3%, its lowest settlement since before the Iran war began. WTI settled at $70.34, down 3.9%. Energy Secretary Chris Wright said crude flows were near pre-war levels with military-escorted tankers, but Iranian mines were delaying a full return to normal navigation.

• Brent settled $73.74, down $3.34 (4.3%)
• WTI settled $70.34, down $2.87 (3.9%)
• About 20 million barrels exited Hormuz in 24 hours
• Iranian mines delay normal navigation