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Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
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- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz By Anushree Mukherjee Wed, June 24, 2026 at 8:48 PM GMT+7 2 min read CL=F By Anushree Mukherjee
- Brent crude futures were down $3.32 or 4.3%, at $73.76 a barrel by 1327 GMT.
- Brent touched a low of $73.60, its weakest level since February 27, the day before U.S.-Israeli strikes on Iran.
Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz By Anushree Mukherjee Wed, June 24, 2026 at 8:48 PM GMT+7 2 min read CL=F By Anushree Mukherjee
BENGALURU, June 24 (Reuters) - Brent crude prices fell more than $3 on Wednesday to their lowest level since before the start of the Iran war as signs emerged that more oil tankers are set to move out of the Strait of Hormuz.
Brent crude futures were down $3.32 or 4.3%, at $73.76 a barrel by 1327 GMT. U.S. West Texas Intermediate slipped by $3.02, or 4.13%, to $70.19.
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