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Oil War Premium Sells Off Hard as Hormuz Reopening Looms
The prompt premium over later supplies in Brent has collapsed and is back to prewar levels, with analysts saying the war premium is already essentially gone.
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straitstimes.com
Oil prices extend drop as markets weigh return of supply through Hormuz
Prices at slightly more than three-month lows, but above pre-war levels. Read more at straitstimes.com. Read more at straitstimes.com.
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cryptobriefing.com
Spot oil premiums fall to pre-war levels after US-Iran deal, but shipping risks keep prices elevated
Dubai crude premiums fall to $2.06, matching pre-war levels after the US-Iran framework deal, but oil prices remain $10-20 above pre-conflict benchmarks.
