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Event Brief

U.S. crude falls below $70 after Oman cargo ship attack

U.S. crude oil prices extended losses, falling below $70 as markets digested a cargo ship attack near Oman.
WHO: Oil markets
WHAT: U.S. crude oil prices fell below $70 and extended declines
WHEN: Jun 26, 2026 at 5:22 AM ET
WHERE: Oman
WHY: Markets focused on whether there would be further breakthroughs in the Middle East conflict after the cargo ship attack near Oman.

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