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Economy · World
Oil Prices Drop 10% Amid Increased Flows from Hormuz Strait
2 sourcesFirst reported 26 days agoUpdated 25 days ago
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What all sources covered
- Oil prices fell 10% over the past week, reaching pre-war levels.
- Brent crude dropped below $72 per barrel, closing at $71.99.
- Increased oil flows through the Strait of Hormuz improved supply outlook.
- US-Iran tensions continued as President Trump accused Iran of violating ceasefire.
- Iraq seeks to regain oil production quotas lost during the war.
2 sources
Who reported first
Proto ThemaFirst
newsit.gr+9h
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