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Wednesday, June 24, 2026
HomeBusinessOil prices extend decline on expectations of smoother crude flows via Hormuz

Oil prices extend decline on expectations of smoother crude flows via Hormuz

TOKYO, June 24: Oil prices fell on Wednesday, extending this week’s losses and trading near four-month lows hit in the previous session, on signs that more oil tankers stranded in the Gulf since the start of the Iran war are set to move out of the Strait of Hormuz. Brent crude futures were down 37 cents, or

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