Brent Oil Breaks Below $90 as Hormuz Reopens, Eyes $80 Next

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Brent crude has broken below the $90 mark, confirming a decisive shift in market sentiment as geopolitical risks ease. The move follows a sharp selloff triggered by news that the Strait of Hormuz has been declared fully open for commercial shipping during the ceasefire period. The development removes one of the most critical supply risks […]The post Brent Oil Breaks Below $90 as Hormuz Reopens, Eyes $80 Next appeared first on ActionForex.