The Story
News Summary
- Brent crude prices dropped to six-week lows following reports of a preliminary US-Iran agreement to ease shipping restrictions in the Strait of Hormuz.
- Despite potential technical hurdles to immediate supply restoration, market sentiment is bearish due to the prospect of increased global oil flows.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
104.79
+60.62% over the displayed period
Advisor Snapshot
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