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2026June › 25

Oil

4 days ago

The price of Brent crude has reached its lowest since February 27, before the war started.

Fears of long-lasting energy crunch ‘slinking away’ as vessel traffic doubled in 24 hours to highest level since late February

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Oil prices have fallen below levels last se…

Energy prices have been on a wild ride since Iran responded to US and Israeli attacks by effectively closing the Strait of Hormuz.
Brent crude drops below the $72.48 a barrel it traded at in late February before Iran conflict erupted
Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.

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