Tag: Iran oil sanctions
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Oil Prices Slide as U.S. Considers Releasing Iranian Crude
Global oil markets witnessed fresh volatility as the United States signaled a possible move to ease Iran oil sanctions, triggering a decline in crude prices. The development comes amid the ongoing Iran–Israel conflict and the escalating Strait Hormuz crisis, which has disrupted global oil supply flows. Benchmark Brent crude fell around 2% to near $106…