Brent crude prices plummeted to $72 as supply concerns eased with resumed shipping through the Strait of Hormuz. The weekly decline reaches 10%, while June losses hit 20%, reflecting the impact of improved stability in Middle Eastern oil exports.
Brent crude prices plummeted to $72 as supply concerns eased with resumed shipping through the Strait of Hormuz. The weekly decline reaches 10%, while June losses hit 20%, reflecting the impact of improved stability in Middle Eastern oil exports.
<iframe src="https://hindustansphere.com/embed/cluster/ceeb3d9d9372576ab98fc8716f307983ef57975f" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Crude oil prices tumble 5% as Strait of Hormuz traffic rebounds; Brent plunges 20% in June"></iframe>
