Brent crude traded at $72.32 per barrel on Wednesday morning as shipping activity through the Straitz of Hormuz…

Brent crude dips near $72.48 per barrel, erasing the Iran war premium as the Strait of Hormuz reopens and global demand weakens. What it means for markets.

Oil prices rose after several days of tit-for-tat strikes between the United States and Iran disrupted shipping through the Strait of Hormuz and renewed concerns about global…