Trending News: Vivian 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 CroaciaPortugal’s World Cup mission vs. Croatia in Toronto is clearWATCH: Nashville gears up for 'Star-Spangled Bash'SpaceX Secretly Unveiled New AI Device to Investors. Is It a Phone or Not?US heatwave threatens 250th anniversary events and World Cup | US newsCanada provides humanitarian assistance in response to cyclone in Sri LankaTurkish Inflation Eases After Two Months of Energy-Driven ClimbsU.S. court ruling may spark wave of refugees claims in CanadaMusk’s X poses “serious risk to Americans’ privacy,” advocates warn FTCWomen’s T20 World Cup: England vs South Africa – ‘That is brilliant!’ – Sinalo Jafta run out by Danni Wyatt-HodgeIndustry Analyst: Sony’s Shock Physical Announcement Unlikely To Influence Nintendo’s Plans“Hemos demostrado nuestra calidad”: Manzambi tras victoria de Suiza a ArgeliaThe New Nordstrom Basics and Sneakers Fashion People Will WearIran begins public mourning for Ayatollah killed in FebruaryChannelling Mackenzie King, Mark Carney strikes a pipeline deal with Alberta and British ColumbiaAI Factories Create Winners and Losers in Power Equipment MarketFolarin Balogun, top scorer for U.S., out for next World Cup match after red cardInside the Luddite Festival Harnessing Gen Z’s Rage Against Big TechRiyad Mahrez se despide de Argelia tras su eliminación en el MundialMLC 2026, MI NY vs SEO 17th Match Match Report, July 02, 2026Billy Bishop expansion plan prompts mixed responses from Liberal leadership candidatesPolitician who investigated spyware abuses had his phone hacked with Pegasus spywareStep Into the Modern Era in EA SPORTS College Football 27 with EA PlayThe June jobs report was a blip — we hopeTrump got the Senate candidates he wanted. How much will he spend to help them?Asian shares rally after Dow hits a record, as some AI shares bounce backMAGA Base Stays Quiet After Trump Reports Billions in Personal GainsSuiza no perdona y avanza con autoridad ante ArgeliaCanyon Ranch x Jenni Kayne Wellness Collab 2026: Details, Review, ShopKiller outlaw biker who murdered 8 Bandido clubmates dies in Ontario prisonA Strange Attempt To Revive The 3DO Is Already DeadSwitzerland vs. Algeria prediction, odds, line, time: 2026 World Cup Round of 32 picksU.K. Lawmakers Demand Deportation of ‘Grooming Gang’ Leader
Fri. Jul 3rd, 2026

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Trending News: Vivian 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 CroaciaPortugal’s World Cup mission vs. Croatia in Toronto is clearWATCH: Nashville gears up for 'Star-Spangled Bash'SpaceX Secretly Unveiled New AI Device to Investors. Is It a Phone or Not?US heatwave threatens 250th anniversary events and World Cup | US newsCanada provides humanitarian assistance in response to cyclone in Sri LankaTurkish Inflation Eases After Two Months of Energy-Driven ClimbsU.S. court ruling may spark wave of refugees claims in CanadaMusk’s X poses “serious risk to Americans’ privacy,” advocates warn FTCWomen’s T20 World Cup: England vs South Africa – ‘That is brilliant!’ – Sinalo Jafta run out by Danni Wyatt-HodgeIndustry Analyst: Sony’s Shock Physical Announcement Unlikely To Influence Nintendo’s Plans“Hemos demostrado nuestra calidad”: Manzambi tras victoria de Suiza a ArgeliaThe New Nordstrom Basics and Sneakers Fashion People Will WearIran begins public mourning for Ayatollah killed in FebruaryChannelling Mackenzie King, Mark Carney strikes a pipeline deal with Alberta and British ColumbiaAI Factories Create Winners and Losers in Power Equipment MarketFolarin Balogun, top scorer for U.S., out for next World Cup match after red cardInside the Luddite Festival Harnessing Gen Z’s Rage Against Big TechRiyad Mahrez se despide de Argelia tras su eliminación en el MundialMLC 2026, MI NY vs SEO 17th Match Match Report, July 02, 2026Billy Bishop expansion plan prompts mixed responses from Liberal leadership candidatesPolitician who investigated spyware abuses had his phone hacked with Pegasus spywareStep Into the Modern Era in EA SPORTS College Football 27 with EA PlayThe June jobs report was a blip — we hopeTrump got the Senate candidates he wanted. How much will he spend to help them?Asian shares rally after Dow hits a record, as some AI shares bounce backMAGA Base Stays Quiet After Trump Reports Billions in Personal GainsSuiza no perdona y avanza con autoridad ante ArgeliaCanyon Ranch x Jenni Kayne Wellness Collab 2026: Details, Review, ShopKiller outlaw biker who murdered 8 Bandido clubmates dies in Ontario prisonA Strange Attempt To Revive The 3DO Is Already DeadSwitzerland vs. Algeria prediction, odds, line, time: 2026 World Cup Round of 32 picksU.K. Lawmakers Demand Deportation of ‘Grooming Gang’ Leader
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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