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Oil Falls as Traders Weigh Middle East Return, Supply Glut Risks
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Oil Falls as Traders Weigh Middle East Return, Supply Glut Risks

Bloomberg Markets · Jun 30, 2026, 6:39 PM · Also reported by 1 other source

Oil declined, with shipping traffic through the Strait of Hormuz picking up on hopes for a permanent US-Iran deal and a Wall Street bank issuing fresh warnings about a potential glut. Michelle Brouhard Head of Policy and Geopolitical Risk at Kpler joins to discuss. (Source: Bloomberg)

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