Crude oil sheds nearly $9 as Iran, Oman work to reopen Strait of Hormuz
The price of Brent crude has fallen by nearly $9 per barrel in the past seven days, representing a decline of about 9.6%, as renewed efforts by Iran and Oman to restore navigation through the Strait of Hormuz ease fears of prolonged disruption to global oil supplies. The post Crude oil sheds nearly $9 as Iran, Oman work to reopen Strait of Hormuz appeared first on Nairametrics .
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