Oil prices dip near $75 per barrel mark as Middle East turmoil cools
Oil prices have significantly declined, nearing pre-conflict levels as hopes rise for a US-Iran agreement. This potential deal could reopen the Strait of Hormuz, a
Oil prices have significantly declined, nearing pre-conflict levels as hopes rise for a US-Iran agreement. This potential deal could reopen the Strait of Hormuz, a crucial oil transit route, though full restoration of production may take considerable time. Concerns remain regarding the truce's durability and Iran's control over the strait.
The BriefWire