Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummeted 42% from their April peak, with Brent falling below $73 a barrel, signaling a return to pre-conflict levels
Global oil markets are stabilizing after months of turmoil caused by regional conflicts. Crude oil prices have plummeted 42% from their April peak of $126, with Brent now falling below $73 a barrel. This significant drop signals a return to pre-conflict price levels, bringing…
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