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ResolvedCommodities

Oil Hits 3-Month Lows, Energy Stocks Fall on U.S.-Iran Deal

First Detected: Jun 15, 2026, 10:15 AM
Last Update: 3 months ago
10 articles·2 stories

Event Summary

U.S. oil prices hit three-month lows, trading below $80 a barrel for the first time since March, causing Exxon and Chevron stocks to fall following news of a U.S.-Iran deal. On June 22, crude oil prices dropped by more than 2% during the trading session. Market indices showed mixed results as the Nasdaq Composite fell over 300 points while the Dow Jones Industrial Average rose by 0.28%.

Timeline

Crude Oil Slumps Over 2% as Nasdaq Drops 300 Points in Mixed US Trading
Jun 22, 2026, 4:21 PMImpact: 4

Price Impact

Since event start
XOM+13.10%
CVX+21.71%