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Crude below $75/barrel but will take time to return to pre-war levels
NEW DELHI: Crude oil prices fell below the $75-per-barrel mark on Wednesday as the Strait of Hormuz reopened but are yet to return to the pre-conflict levels of $65-70 a barrel.
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economictimes.indiatimes.com
Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?
Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a barrel as of 0026 GMT.
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euronews.com
Brent crude falls below $74 for first time since Iran war began
Brent crude dropped below $74 a barrel on Wednesday for the first time since the start of the Iran war in late February, as investors continued to price out the geopolitical risk…
