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Oil Erases Wartime Gains as Hormuz Stockpiles Hit Market

Bloomberg Markets · Jun 25, 2026, 5:23 AM · Also reported by 1 other source

Goldman economist Farouk Soussa talks about why the Strait of Hormuz doesn't need to come back to 100% for the full amount of oil from the Gulf to come back into the market, and the longer-term outlook for crude amid the US-Iran negotiations. (Source: Bloomberg)

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Oil Erases Wartime Gains as Hormuz Stockpiles Hit Market

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