Brent crude futures dropped around 1% to $72.50 a barrel while US West Texas Intermediate (WTI) crude futures fell around 0.7% to $70.28 per barrel, as seen at 7.20 am on Monday. Brent crude fell nearly 11% last week to mark its third week of loss after crude shipments through the strait rose to their highest level since the US-Israeli conflict with Iran began earlier this year.
Brent crude futures dropped around 1% to $72.50 a barrel, while US WTI crude futures fell 0.7% to $70.28 per barrel. Brent crude experienced an almost 11% decline last week, marking its third consecutive week of losses. This downturn comes as investors await the outcomes of…
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