[Shipping in the Strait of Hormuz Resumes, Oil Prices Drop to Lowest Level Since Conflict Began] BlockBeats News, June 24: Due to the resumption of shipping in the Strait of Hormuz, oil prices have dropped to their lowest level since the conflict began. According to the U.S.-Iran agreement, more vessels have resumed passage through the Strait of Hormuz, alleviating market concerns about disruptions in crude oil transportation. Trump stated that Iran has not charged tolls or other fees for ships using this route. Additionally, rising supply, weakening demand, and a stronger U.S. dollar have also put pressure on crude oil prices. However, related supply risks still remain. [Original Link]