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المشهد
Oil prices decline after weekly drops
Oil prices declined significantly at the end of the week, with Brent crude reaching $93.09 per barrel and U.S. futures nearing $90.54. This came amid expectations that fundamental market factors may not return to normal until the second half of 2027 if the Middle East crisis persists. The CEO of Rosneft stated that reopening the Strait of Hormuz could raise prices to $95 per barrel by the end of 2026, before falling to $80-85 after a year.
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