Oil expanded its losses on Wednesday, as concerns about potential disruptions in supply were eased, while investors monitored developments in the strategic Straits of Hormuz. Future contracts for the international Brent benchmark for August dropped by 3.05% to $74.73 per barrel, recording the lowest level than before [...]
Chaos in the Straits of Hormuz by ships - Hundreds of tankers cross the pass – See live image – Newsbeast play Seven merchant ships made crossings from the Straits immediately after the announcement of the Agreement Source
«Trafficking» in Straits of Hormuz a few hours after the signing of the US – Iran – Newsbeast play Super Tanker and LNG Carriers return to Hormuz after the Trump – Iran deal Source
Because drivers will be late to see cheaper petrol despite the fast drop in oil prices – Newsbeast play The US-Iran deal dropped oil prices, but the reduction will not be seen directly at the stations [...]
