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Oil Update: Stability in the Strait of Hormuz—Neutral Oil Forecast Amid Middle East Tensions

June 16, 2025
Oil News: Strait of Hormuz Stable—Neutral Oil Outlook Despite Middle East Tensions

Current Oil Market Update: Navigating Geopolitical Tensions and Economic Sentiments At 11:02 GMT, Light crude oil futures are hovering at $60.22, down $0.20 or -0.33%. While prices have dipped slightly, the underlying dynamics in the … Read more

Categories Stocks, Bonds, and Trading Tags East, Forecast, HormuzNeutral, middle, Oil, Stability, Strait, Tensions, Update

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