9 Hrs
Source:
الوئام
Oil dips on Hormuz de-escalation
Oil prices continued to decline on Wednesday, nearing their lowest levels in four months, due to expectations of a return to normal crude flows through the Strait of Hormuz following disruptions related to tensions between Iran and the United States. This came after a prior wave of decline that pushed prices down to their lowest since early March, amid optimism about the potential stabilization of the oil market.
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