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عين ليبيا
Oil drops amid Strait supply worries
Oil prices dropped by more than a dollar per barrel at the start of trading on Thursday, amid investor concerns over supply risks related to attacks on ships in the Strait of Hormuz and American efforts to ease shipping costs by adjusting sanctions on vessels. Brent crude decreased by $1.39 to $104.67, while West Texas Intermediate fell by $1.02 to $94.07, amid ongoing security fears and energy supply issues in the region.
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