Brent Crude Oil: Decline Amid US–Iran Ceasefire

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The easing of geopolitical tensions in the Persian Gulf following the announcement of a ceasefire between the US and Iran on 14 June remains the main factor weighing on the oil market in recent days. Market participants are increasingly pricing in a scenario of a resumption of full-scale supplies through the Strait of Hormuz in […]The post Brent Crude Oil: Decline Amid US–Iran Ceasefire appeared first on ActionForex.