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FINANCIAL TIMES · GLOBAL ·

Average US petrol price falls below $4 on deal to reopen Strait of Hormuz - Financial Times

As reported by Financial Times
As cost at the pump declines to nearly two-month low, analysts warn risk of a surge ‘has not completely disappeared’
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The average US petrol price has dipped below $4 per gallon, reaching a nearly two-month low. This decline is attributed to a new deal facilitating the reopening of the Strait of Hormuz. However, financial analysts caution that the risk of a future price surge has not entirely…

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