--:--

Tue, Jun 16 • Nairobi

Breaking

Duale: Ebola facility project stopped after court injunction Every Android 17 feature coming to your phone in 2026 'Chini ya Mnazi' gang members arraigned over All Saints Cathedral attack Families' final goodbyes to last of Utumishi Girls fire victims School safety ‘top on my agenda,’ says Ololtuaa G7 leaders pledge joint action on Ebola outbreak, cancer fight Ocean Conference: Commonwealth nations taken to task over global ocean conservation efforts 46 years of silence: Obstetric fistula leaves women battling stigma, isolation KNH Surgeons Remove 4kg Liver Tumour in Landmark Seven-Hour Operation Amnesty Welcomes Suspension of Proposed Ebola Quarantine Facility Nigeria’s central bank restricts payment firms from dominating consumers and merchants Why Solarbox is building Senegal’s EV ecosystem around the sun

Finance

Oil Steadies Near Lowest Since March on Outlook for Hormuz Deal

Bloomberg Jun 15, 2026 20h ago ⏱ 1 min read 👁 7 views

Oil Steadies Near Lowest Since March on Outlook for Hormuz Deal

Image via Bloomberg

📋 Article Summary

42 words

Oil held the biggest drop in more than two weeks on optimism that a deal between the US and Iran will reopen the Strait of Hormuz. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

This is a summary. Read the complete story on Bloomberg below.

Continue Reading

Full story on Bloomberg

Read Full Story →

🔗 Clicking will take you to www.bloomberg.com

👁 People Also Read

What the US-Iran Peace Deal Means for the Strait of Hormuz

Finance

What the US-Iran Peace Deal Means for the Strait of Hormuz

No region of the world produces more oil and gas than the countries straddling the Persian Gulf. Most of this…

Current price of oil as of June 15, 2026

Finance

Current price of oil as of June 15, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Gene Shalit, who made film criticism a television institution, dies at 100

Finance

Gene Shalit, who made film criticism a television institution, dies at 100

The "Today" show's arts editor for four decades, he was a lot more than puffy hair, a handlebar mustache and…

Worst Indonesian Credit Volatility in Years Imperils Debt Boom

Finance

Worst Indonesian Credit Volatility in Years Imperils Debt Boom

The highest volatility in rupiah corporate bonds in four years is threatening to dent record issuance by companies in Southeast…

► Necessary Cookies Always Active

Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.

► Functional Cookies Remark

Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.

► Analytical Cookies Remark

Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.

► Advertisement Cookies Remark

Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.