Oil prices are going down. Ships can now move through the Strait of Hormuz again. The US and Iran are talking to each other.

油價正在下跌。船隻現在可以重新通過霍爾木茲海峽。美國與伊朗正在進行對話。

The US and Iran signed a paper on June 17. They want peace. Now, more ships carry oil and gas through the water. But there are still fewer ships than before the war.

美國與伊朗於 6 月 17 日簽署了一份文件。他們希望和平。現在有更多船隻在該水域運送石油與天然氣。但船隻數量仍少於戰爭前。

Oil prices are lower now. One barrel of oil is about $72. But gas for cars is still expensive in the US. It is about $3.93 per gallon.

油價現在較低。一桶原油約 72 美元。但在美國，車用汽油依然昂貴，約每加侖 3.93 美元。

President Trump is angry. He thinks big oil companies make too much money. He wants the government to check companies like Shell and BP.

川普總統很憤怒。他認為大型石油公司賺得太多錢。他希望政府調查像 Shell 和 BP 這樣的公司。

Oil companies say this is normal. They say gas prices do not change fast. In the UK, the government says the prices are fair.

石油公司表示這是正常現象。他們說油價不會快速變動。在英國，政府表示價格是公平的。

Oil prices are becoming normal. The US and Iran are talking. But some people are still angry about gas prices.

油價正趨於正常。美國與伊朗正在對話。但有些人對於汽油價格依然感到憤怒。

Global oil prices have dropped after shipping traffic returned to the Strait of Hormuz and diplomatic talks began between the United States and Iran.

在航運恢復霍爾木茲海峽通行，以及美國與伊朗開始外交談判後，全球油價有所下跌。

The current stability in energy markets is based on a new agreement between the US and Iran, signed on June 17. This agreement created a 60-day period for nuclear negotiations and peace talks in Switzerland, which allowed some sanctions on Iranian oil exports to be removed. Consequently, shipping data from Kpler and Maersk shows a significant increase in ships passing through the Strait of Hormuz, including those carrying crude oil, natural gas, and fertilizers. Although the US Navy has set a southern route to avoid mines and Iranian authorities have allowed some northern passage, the number of ships is still lower than the pre-conflict level of 100 vessels per day.

目前能源市場的穩定基於美國與伊朗於6月17日簽署的新協議。該協議為在瑞士舉行的核能談判與和平會談創造了60天的期限，使得部分對伊朗石油出口的制裁得以解除。因此，Kpler 與 Maersk 的航運數據顯示，通過霍爾木茲海峽的船隻顯著增加，包括運載原油、天然氣與化肥的船隻。雖然美國海軍設定了一條南向路線以避開水雷，伊朗當局也允許部分北向通行，但船隻數量仍低於衝突前每日100艘的水平。

Even though Brent crude prices have fallen toward pre-conflict levels—briefly dropping below $72.48 per barrel—there is still a difference between wholesale oil costs and retail gasoline prices. In the US, the average price of regular gasoline fell to about $3.93 per gallon from a peak of $4.00 in April, but it remains high compared to normal levels. Because of this, President Donald Trump ordered the Department of Justice to investigate large energy companies, such as Shell, ExxonMobil, BP, and Chevron, claiming they are overcharging customers. However, the American Petroleum Institute and Chevron CFO Eimear Bonner emphasized that retail prices do not change immediately when crude costs drop due to operational delays. Meanwhile, the UK competition watchdog reported that there was no evidence of unfair price increases during February and March.

儘管布蘭特原油價格已跌回衝突前的水平——短暫跌破每桶72.48美元——但批發油價與零售汽油價格之間仍存在差距。在美國，普通汽油的平均價從4月高峰的4.00美元跌至約3.93美元每加侖，但與正常水平相比仍然偏高。因此，川普總統命令司法部調查殼牌、埃克森美孚、BP 與雪佛龍等大型能源公司，指稱其對消費者收取過高費用。然而，美國石油協會與雪佛龍財務長 Eimear Bonner 強調，由於營運延遲，當原油成本下跌時，零售價格不會立即變動。同時，英國競爭監管機構報告指出，2月與3月期間沒有證據顯示存在不公平的價格調漲。

Oil prices are returning to normal as diplomacy improves and shipping routes stabilize, although political tension continues regarding how quickly retail prices should decrease.

隨著外交改善與航運路線穩定，油價正恢復正常，但關於零售價格應如何快速下跌，政治上仍持續存在緊張局勢。

Global oil prices have declined following the restoration of maritime traffic through the Strait of Hormuz and the initiation of diplomatic negotiations between the United States and Iran.

隨著霍爾مز海峽恢復航運以及美國與伊朗啟動外交談判，全球油價已有所下跌。

The current stabilization of energy markets is predicated upon a rapprochement between the United States and Iran, formalized via a Memorandum of Understanding on June 17. This agreement established a 60-day window for nuclear program negotiations and subsequent peace talks in Switzerland, which facilitated a partial lifting of sanctions on Iranian petroleum exports. Consequently, maritime intelligence from Kpler and Marisks indicates a significant increase in vessel transit through the Strait of Hormuz, including shipments of crude oil, liquefied natural gas, and fertilizers. While the US Navy has designated a southern route to circumvent mines and Iranian authorities have permitted limited northern passage, current traffic volumes remain below the pre-conflict threshold of 100 vessels per day.

目前能源市場的穩定基於美國與伊朗關係的改善，雙方於6月17日簽署了一份諒解備忘錄。該協議設定了60天的核計畫談判窗口，隨後將在瑞士進行和平談判，這促成了對伊朗石油出口部分制裁的解除。因此，Kpler和Maersk的航運情報顯示，通過霍爾مز海峽的船隻顯著增加，包括原油、液化天然氣和化肥的運輸。儘管美國海軍指定了一條南向路線以避開水雷，且伊朗當局允許有限度的北向通行，但目前的交通量仍低於衝突前每日100艘船的門檻。

Despite the descent of Brent crude prices toward pre-conflict levels—briefly dipping below $72.48 per barrel—a discrepancy persists between wholesale crude costs and retail gasoline prices. In the United States, the average price of regular gasoline has decreased to approximately $3.93 per gallon from an April peak of $4.00, yet remains elevated relative to historical norms. This lag has prompted an executive intervention by President Donald Trump, who has mandated a Department of Justice investigation into energy conglomerates, including Shell, ExxonMobil, BP, and Chevron, alleging price gouging. Conversely, the American Petroleum Institute and Chevron CFO Eimear Bonner maintain that retail prices do not fluctuate in direct correlation with crude costs, citing operational lags and the necessity of production optimization. In the United Kingdom, the competition watchdog reported no systemic evidence of unfair price inflation during the February-March period.

儘管布倫特原油價格已回落至衝突前水平——短暫跌破每桶72.48美元——但批發原油成本與零售汽油價格之間仍存在差異。在美國，普通汽油的平均價格從4月份峰值的4.00美元下降至約3.93美元每加侖，但相對於歷史常態仍處於高位。這種滯後現象促使總統川普採取行政干預，要求司法部調查包括Shell、ExxonMobil、BP和Chevron在內的能源集團，指控其價格欺詐。相反，美國石油協會和Chevron財務長Eimear Bonner則認為，零售價格不會與原油成本直接正相關地波動，理由是營運滯後以及生產優化的必要性。在英國，競爭監管機構報告稱，2月至3月期間並無系統性證據顯示存在不公平的價格通貨膨脹。

Oil prices are currently normalizing as diplomatic channels reopen and shipping routes stabilize, though political tension remains regarding the pace of retail price reductions.

隨著外交管道重新開啟及航運路線穩定，油價目前正趨於正常化，儘管關於零售價格調降速度的政治緊張局勢依然存在。