Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman.
Elke Scholiers | Getty Images
Oil prices extended declines on Friday as more tankers exited the strategically vital Strait of Hormuz, easing supply concerns despite a vessel coming under attack in the Gulf of Oman.
International benchmark and Dan Mangan contributed to the report.