The Story
News Summary
- Crude oil prices tumbled 10% weekly, trading near $76, as a US-Iran peace agreement resolved shipping blockages in the Strait of Hormuz.
- With restrictions lifted, tankers are exiting the waterway and Kuwait is boosting production, erasing geopolitical risk premiums.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
107.31
+65.30% over the displayed period
Advisor Snapshot
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