Oil prices fell below $75 a barrel as traders cheered an evacuation plan for vessels trapped in the Strait of Hormuz – hopeful global energy supplies will normalize quickly if the US and Iran can r…
Oil prices have dropped significantly, falling below $75 a barrel, their lowest since before the Iran war. This decline is attributed to optimism surrounding a proposed evacuation plan for vessels in the Strait of Hormuz. Traders anticipate a quick normalization of global energy…
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