Oil prices decline as supply begins moving through the Strait of Hormuz, easing concerns about shipping disruptions in the Middle East. Multiple outlets report the fall in crude prices tied to improved prospects for tanker movement through the key chokepoint. One report links the development to an Iran war pact, saying the agreement supports the resumption of regular flows and reduces the perceived risk premium that typically lifts oil prices when tensions threaten maritime transit. Another account describes the shift more directly as supply starting to move through the strait, reinforcing the idea that near-term physical logistics are improving. While the articles do not provide detailed figures in the supplied text, they consistently frame the price move as a response to changed risk expectations related to shipping lanes. Overall, the coverage indicates that traders and markets are reacting to signals that the Strait of Hormuz will remain open for commerce, leading to lower oil prices compared with earlier levels when disruption fears were higher.