Brent crude prices plummeted to $72 as supply concerns eased with resumed shipping through the Strait of Hormuz. The weekly decline reaches 10%, while June losses hit 20%, reflecting the impact of improved stability in Middle Eastern oil exports.
Brent crude oil prices have fallen to $72, tumbling 5% as supply concerns alleviated with resumed shipping through the Strait of Hormuz. The benchmark recorded a 10% weekly decline, with June losses hitting a significant 20% reflecting improved stability in Middle Eastern oil…
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