Trending News: How A Private Operator Is Modernizing UK Airport Security Faster Than The TSA’s $781 Million RolloutHow Communities Across the U.S. Are Ringing in America’s 250thUkrainian woman named by Interpol as main suspect in Monaco bomb attackParliamentary Secretary Naqvi strengthens Canada’s trade and investment ties with Association of Southeast Asian NationsRescue mission launches to save NASA telescope that’s falling back to EarthRescue mission launches to save NASA telescope that's falling back to EarthLenovo Legion 7i Gaming Laptop Review: It Has the Looks, but Not Quite the ValueIndian man convicted for fatally stabbing wife just six days after landing in CanadaPowerful Iranian general seen in public amid preparation for supreme leader’s vast funeralWorld Cup 2026: Mexico v England – Pundits discuss playing at altitudeFree Play Days – Call of Duty Black Ops 7, Diablo IV, Ikonei Island: An Earthlock Adventure, and MoreHormuz transits increase as US-Iran ceasefire holdsMinister Anand meets with Ukraine’s foreign minister at United Nations General AssemblyEby compares condo-purchase plan to "liquidation" at below construction costsNot our job to ensure border patrol helicopter could fly in Canada, RCMP saysWATCH: How the US will be celebrating its 250th birthdayWoman’s hip replacement disintegrates, causing severe metal poisoningThe Origins Of The Paris & Farnborough AirshowsAldo Spinelli, Poliform Co-Founder, Dies at 78The real cause of a common stroke may have been missed for decadesTristin Hopper: Carney is releasing tons of ‘strategic plans,’ with few resultsMessi, Balogun and why two tackles have sparked World Cup outrageFreddy the World Cup Tourist and Tocqueville’s Hopes for America7 Best Phones You Can’t Buy in the US (2026)Kyiv’s most-bombed neighborhood just won’t quitQuebec Premier Fréchette says she will run in Trois-Rivières in October electionKioxia and Sandisk Begin Production of 10th-Generation 3D Flash Memory Products at Kitakami Plant Fab2It’s minutes to midnight for Canada’s JewsRelic announce a new Company of Heroes RTS, a wave defence roguelite for strategy buffs who don’t have time to fight a whole World WarIsle of Man doctors vote to take strike action in row over payTaylor Swift and Travis Kelce’s wedding day arrives with Madison Square Garden under tight securityMeta quietly launches vibe-coded gaming app PocketVivian Bercovici: Majority of Israelis are tired of war — and NetanyahuAddressing Global Imbalances | CEPRQatar Airways Finally Confirms 18-Hour Australia Flights Return [Full Schedule]Test Match Special Podcast – Sciver-Brunt 75 sends England into World Cup FinalKate Middleton Wore the Chicest Summer Colour CombinationTibetan Activist Sets Self on Fire Outside U.N. in Protest Against ChinaMinister Anand meets with Polish counterpartOSFI would do a good job even better with a board modelLions eye first win of season versus unbeaten ElksOpenAI Reportedly Wants All AI Companies To Give The US Government A Stake In Their BusinessesOld muscle stem cells can act young again but there’s a catchRumours suggest Intel may be planning to join the club of hardware manufacturers reviving old product lines, all the way back to Comet LakeIran and Oman propose fee plan for Strait of Hormuz, sources sayA Big Gamble for the Left: Can Socialism Appeal in a Swing State?The UK’s generational tobacco ban might not work. I’m supporting it anyway.UN warns likelihood of ‘extreme weather events’ as El Nino set to intensify | Weather NewsICE arrests 10,000 in 5 days, a sharp late-June surge in Trump’s deportation pushGTA home sales rebound in June as prices continue to slide: TRREB reportMoldova's prime minister steps down, triggering the government's resignationWI vs SL 2nd Test – Isitha Wijesundara set for debut as injury-hit Sri Lanka struggle to make up XILa pasión del Mundial se vive de costa a costa en Norteamérica‘Does He Think He’s Real?’ Social Media Reacts to Trump’s Talk With AI Teddy RooseveltSony has already started repurposing its lone PlayStation disc factory, and the body of physical gaming isn’t even coldDsquared2 Names FC Barcelona Soccer Player Fermín López Brand AmbassadorWoman suspected in Monaco parcel bombing reportedly seen in Germany | MonacoCanada announces implementation of UN sanctions against Iran over nuclear proliferation activitiesWho's Getting Sued: July 3, 2026A fairytale at MSG: Taylor Swift and Travis Kelce’s wedding set to take placeSwitzerland vs. Algeria live stream: How to watch 2026 World Cup, odds, pickDan Ndoye castiga un error de Argelia y amplía la ventaja SuizaFishing trip ends with catch of a lifetime for Quebec couple after $40M Lotto Max win – MontrealTesla sales increase by 25% in Q2 2026Taylor Swift’s rumoured wedding celebrations kick off in New YorkCathie from Canada: Today’s News: Absolutely excellent Canada Strong announcements, plus World Cup StoriesCiti Says Oil May Slump to $60 as Hormuz Shock Fades AwayWhat’s behind all the wild weather in Canada this summer?Pierre Coffin reveals why he returned to direct Minions & Monsters after sitting out the last 2 moviesCristiano Ronaldo dedica el triunfo de Portugal a Diogo Jota y conmueve a todos en el MundialGeorgia Stanway completes move to ArsenalVatican excommunicates schismatic bishops and priests, and warns their followersRescue workers save security guard from Venezuela rubbleSony Erases Digital Content From Libraries, a Reminder That You Don’t Own What You Buy30 Chic Clutch Bags to Wear This SummerBrent to slide as low as $60 a barrel by Christmas, forecasts CitiOlympians to trade skis and skates for hats and boots in Calgary Stampede paradeJapan’s 2026 Wage Talks End in Third Year of Gains Above 5%A year later, failure to get free trade within Canada ‘makes no sense’España golea, Portugal remonta y viene un duelo de gigantesGTA Online Doesn’t Tell You These Things, But It ShouldWhy The Boeing 757’s Design Made It One Of The Only Narrowbodies That Could Fly Certain Transatlantic RoutesSimply Delicious Recipe: Spring Strawberries with Burrata and Endive – TorontoA warning sign about AI’s real cost, courtesy of Google and AmazonArsenal sign Lioness Georgia Stanway from Bayern MunichWith Attacks on Crimea, Ukraine Hopes to Pressure Putin to End the WarCanada announces implementation of UN sanctions against Iran over nuclear proliferation activitiesJet fuel prices drop, but airlines stick to high fares as summer travel holds strongUPS Did Not Tell Inspectors to Check Failed Part in Louisville CrashStubHub sold ‘ghost tickets’ for World Cup months before real ones were issued, CBC findsIran Khamenei funeral: Regime expects millions for delayed ceremonyShipping rates soar as retailers race to beat looming Trump tariffsTesla’s Model Y L Finally Comes To The US With Six Seats And A $62,000 Price TagLouis Vuitton Revives Classic Car Rally Ahead of F1 Italy Grand PrixArgentina vs Cape Verde: World Cup Round of 32: Messi, prediction, kickoff | World Cup 2026 NewsMore than 100K Albertans sign up for $100 affordability rebates as applications openB.C. nurses start limited job action as strike deadline passesCape Fear Episode 6 Review: “Possum” Rating and RecapPortugal snatch victory, but should Ramos replace Ronaldo?España bailó a Austria y Portugal sufrió para eliminar a Croacia
Fri. Jul 3rd, 2026

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Trending News: How A Private Operator Is Modernizing UK Airport Security Faster Than The TSA’s $781 Million RolloutHow Communities Across the U.S. Are Ringing in America’s 250thUkrainian woman named by Interpol as main suspect in Monaco bomb attackParliamentary Secretary Naqvi strengthens Canada’s trade and investment ties with Association of Southeast Asian NationsRescue mission launches to save NASA telescope that’s falling back to EarthRescue mission launches to save NASA telescope that's falling back to EarthLenovo Legion 7i Gaming Laptop Review: It Has the Looks, but Not Quite the ValueIndian man convicted for fatally stabbing wife just six days after landing in CanadaPowerful Iranian general seen in public amid preparation for supreme leader’s vast funeralWorld Cup 2026: Mexico v England – Pundits discuss playing at altitudeFree Play Days – Call of Duty Black Ops 7, Diablo IV, Ikonei Island: An Earthlock Adventure, and MoreHormuz transits increase as US-Iran ceasefire holdsMinister Anand meets with Ukraine’s foreign minister at United Nations General AssemblyEby compares condo-purchase plan to "liquidation" at below construction costsNot our job to ensure border patrol helicopter could fly in Canada, RCMP saysWATCH: How the US will be celebrating its 250th birthdayWoman’s hip replacement disintegrates, causing severe metal poisoningThe Origins Of The Paris & Farnborough AirshowsAldo Spinelli, Poliform Co-Founder, Dies at 78The real cause of a common stroke may have been missed for decadesTristin Hopper: Carney is releasing tons of ‘strategic plans,’ with few resultsMessi, Balogun and why two tackles have sparked World Cup outrageFreddy the World Cup Tourist and Tocqueville’s Hopes for America7 Best Phones You Can’t Buy in the US (2026)Kyiv’s most-bombed neighborhood just won’t quitQuebec Premier Fréchette says she will run in Trois-Rivières in October electionKioxia and Sandisk Begin Production of 10th-Generation 3D Flash Memory Products at Kitakami Plant Fab2It’s minutes to midnight for Canada’s JewsRelic announce a new Company of Heroes RTS, a wave defence roguelite for strategy buffs who don’t have time to fight a whole World WarIsle of Man doctors vote to take strike action in row over payTaylor Swift and Travis Kelce’s wedding day arrives with Madison Square Garden under tight securityMeta quietly launches vibe-coded gaming app PocketVivian Bercovici: Majority of Israelis are tired of war — and NetanyahuAddressing Global Imbalances | CEPRQatar Airways Finally Confirms 18-Hour Australia Flights Return [Full Schedule]Test Match Special Podcast – Sciver-Brunt 75 sends England into World Cup FinalKate Middleton Wore the Chicest Summer Colour CombinationTibetan Activist Sets Self on Fire Outside U.N. in Protest Against ChinaMinister Anand meets with Polish counterpartOSFI would do a good job even better with a board modelLions eye first win of season versus unbeaten ElksOpenAI Reportedly Wants All AI Companies To Give The US Government A Stake In Their BusinessesOld muscle stem cells can act young again but there’s a catchRumours suggest Intel may be planning to join the club of hardware manufacturers reviving old product lines, all the way back to Comet LakeIran and Oman propose fee plan for Strait of Hormuz, sources sayA Big Gamble for the Left: Can Socialism Appeal in a Swing State?The UK’s generational tobacco ban might not work. I’m supporting it anyway.UN warns likelihood of ‘extreme weather events’ as El Nino set to intensify | Weather NewsICE arrests 10,000 in 5 days, a sharp late-June surge in Trump’s deportation pushGTA home sales rebound in June as prices continue to slide: TRREB reportMoldova's prime minister steps down, triggering the government's resignationWI vs SL 2nd Test – Isitha Wijesundara set for debut as injury-hit Sri Lanka struggle to make up XILa pasión del Mundial se vive de costa a costa en Norteamérica‘Does He Think He’s Real?’ Social Media Reacts to Trump’s Talk With AI Teddy RooseveltSony has already started repurposing its lone PlayStation disc factory, and the body of physical gaming isn’t even coldDsquared2 Names FC Barcelona Soccer Player Fermín López Brand AmbassadorWoman suspected in Monaco parcel bombing reportedly seen in Germany | MonacoCanada announces implementation of UN sanctions against Iran over nuclear proliferation activitiesWho's Getting Sued: July 3, 2026A fairytale at MSG: Taylor Swift and Travis Kelce’s wedding set to take placeSwitzerland vs. Algeria live stream: How to watch 2026 World Cup, odds, pickDan Ndoye castiga un error de Argelia y amplía la ventaja SuizaFishing trip ends with catch of a lifetime for Quebec couple after $40M Lotto Max win – MontrealTesla sales increase by 25% in Q2 2026Taylor Swift’s rumoured wedding celebrations kick off in New YorkCathie from Canada: Today’s News: Absolutely excellent Canada Strong announcements, plus World Cup StoriesCiti Says Oil May Slump to $60 as Hormuz Shock Fades AwayWhat’s behind all the wild weather in Canada this summer?Pierre Coffin reveals why he returned to direct Minions & Monsters after sitting out the last 2 moviesCristiano Ronaldo dedica el triunfo de Portugal a Diogo Jota y conmueve a todos en el MundialGeorgia Stanway completes move to ArsenalVatican excommunicates schismatic bishops and priests, and warns their followersRescue workers save security guard from Venezuela rubbleSony Erases Digital Content From Libraries, a Reminder That You Don’t Own What You Buy30 Chic Clutch Bags to Wear This SummerBrent to slide as low as $60 a barrel by Christmas, forecasts CitiOlympians to trade skis and skates for hats and boots in Calgary Stampede paradeJapan’s 2026 Wage Talks End in Third Year of Gains Above 5%A year later, failure to get free trade within Canada ‘makes no sense’España golea, Portugal remonta y viene un duelo de gigantesGTA Online Doesn’t Tell You These Things, But It ShouldWhy The Boeing 757’s Design Made It One Of The Only Narrowbodies That Could Fly Certain Transatlantic RoutesSimply Delicious Recipe: Spring Strawberries with Burrata and Endive – TorontoA warning sign about AI’s real cost, courtesy of Google and AmazonArsenal sign Lioness Georgia Stanway from Bayern MunichWith Attacks on Crimea, Ukraine Hopes to Pressure Putin to End the WarCanada announces implementation of UN sanctions against Iran over nuclear proliferation activitiesJet fuel prices drop, but airlines stick to high fares as summer travel holds strongUPS Did Not Tell Inspectors to Check Failed Part in Louisville CrashStubHub sold ‘ghost tickets’ for World Cup months before real ones were issued, CBC findsIran Khamenei funeral: Regime expects millions for delayed ceremonyShipping rates soar as retailers race to beat looming Trump tariffsTesla’s Model Y L Finally Comes To The US With Six Seats And A $62,000 Price TagLouis Vuitton Revives Classic Car Rally Ahead of F1 Italy Grand PrixArgentina vs Cape Verde: World Cup Round of 32: Messi, prediction, kickoff | World Cup 2026 NewsMore than 100K Albertans sign up for $100 affordability rebates as applications openB.C. nurses start limited job action as strike deadline passesCape Fear Episode 6 Review: “Possum” Rating and RecapPortugal snatch victory, but should Ramos replace Ronaldo?España bailó a Austria y Portugal sufrió para eliminar a Croacia
Fri. Jul 3rd, 2026

Citi Says Oil May Slump to $60 as Hormuz Shock Fades Away


The Strait of Hormuz — which links Persian Gulf producers to global markets — was subject to a double blockade during the US-Iran war, which erupted in late February, throwing energy markets into disarray. Tehran and Washington have agreed to a memorandum of understanding, or MOU, to pause the hostilities, with the two sides seeking a permanent agreement.



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