PERSPECTA

News from every angle

Back to headlines

Global oil prices decline amid US-Iran truce and Strait of Hormuz reopening

Global energy markets have calmed, leading to a 13.9% reduction in Brent crude oil prices and a 16.3% reduction in US WTI, following a temporary truce between the US and Iran and the reopening of the Strait of Hormuz for shipping.

PostShare