https://www.live-feeds.com/feed/oil-prices-ease-after-spiking-over-halt-to-strait-of-hormuz-evacuation-planContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-ease-after-spiking-over-halt-to-strait-of-hormuz-evacuation-planhttps://www.live-feeds.com/feed/oil-prices-ease-after-spiking-over-halt-to-strait-of-hormuz-evacuation-plan#u19977Wed, 01 Jul 2026 09:50:42 +0000Oil prices have returned to levels seen before the war as shipping ramps up in the Strait of Hormuz. This follows a period of volatility caused by an attack on a cargo vessel that paused a UN evacuation plan. A tentative agreement to end the war in Iran and reopen the waterway is now in place.What's confirmed:A cargo vessel was struck by a projectile near the Omani coast in the Strait of Hormuz.The International Maritime Organization paused its planned evacuation of stranded ships after the vessel attack.Brent crude futures for August delivery were $73.85 per barrel as of 07:30 GMT.A tentative