Oil Prices Ease as Hormuz Strait Traffic Recovers Post-US-Iran Strikes

Oil prices have eased following improved traffic flow through the Strait of Hormuz, which has tempered market concerns that arose after recent U.S.-Iran strikes.

31 Jul, 04:11 — 31 Jul, 04:11

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cnbcMostly Factual2h ago

Oil prices ease as recovering Hormuz Strait traffic tempers war premium

Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U.S.-Iran strikes earlier this week.

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Oil Prices Ease as Hormuz Strait Traffic Recovers Post-US-Iran Strikes

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Oil prices ease as recovering Hormuz Strait traffic tempers war premium

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