US crude drops below $80
U.S. oil prices have fallen below $80 per barrel due to a decrease in tensions in the Middle East and the resumption of oil flows from the Caspian Sea and Russia, as well as the anticipation of signs indicating the continuation of the recovery in shipments through the Strait of Hormuz. The U.S. President also announced good prospects for restarting negotiations with Tehran, despite Iran currently refusing to engage in direct talks. Analysts have stated that the continuation of this trend depends on restoring oil flows through the Strait of Hormuz, which is currently experiencing reduced navigation due to tensions and weather conditions.
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