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Oil falls to pre-Iran war levels as ships exit Hormuz strait

By Frank Prenesti

Date: Thursday 25 Jun 2026

(Sharecast News) - Oil prices fell to pre-Iran war levels on Thursday as the pace of ships exiting the Strait of Hormuz accelerated, easing concerns about short-term supply.


Brent crude futures for August delivery fell 1.12% to $72.66 a barrel as of 0649 GMT, while US benchmark West...

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