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Oil fell to $77 after tanker traffic resumed through Hormuz

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Oil fell to $77 after tanker traffic resumed through Hormuz

Oil fell to $77 after tanker traffic resumed through HormuzBrent oil prices fell below $77 per barrel due to increased tanker passage through the Strait of Hormuz. The US and Iran have madeinitial progress in peace negotiations.
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24 of June 2026

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