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Oil ends week with sharp decline amid restoration of shipping through the Strait of Hormuz

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Oil ends week with sharp decline amid restoration of shipping through the Strait of Hormuz

Oil ends week with sharp decline amid restoration of shipping through the Strait of HormuzGlobal oil prices are heading for their biggest weekly drop after shipping through the Strait of Hormuz resumed. WTI crude fell to$75 per barrel, losing more than 9% over the week.

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19 of June 2026

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