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Global oil prices fall to their lowest level since February 27, the day before the war started on February 28.

2026 Iran war fuel crisis — Global oil prices fall to their lowest level since February 27, the day before the war started on February 28. Additionally, brent crude futures drop to US$73.50 a barrel. [https:/

Published June 24, 2026· Updated October 28, 2026·1 min read

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Context: 2026 Iran war fuel crisis.

Global oil prices fall to their lowest level since February 27, the day before the war started on February 28. Additionally, brent crude futures drop to US$73.50 a barrel. [https://abcnews.com/Business/global-oil-prices-fall-lowest-level-iran-war/story?id=134164924 (ABC News)] [https://www.cnn.com/2026/06/24/world/live-news/iran-war-trump-israel-lebanon (CNN)]

Event summary via Wikipedia Current Events (2026-06-24).