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Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz

Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
Business | The Guardian

Stock markets on both sides of Atlantic up as concerns ease over prospect of another inflationary shock Business live – latest updates Oil prices have fallen to pre-Iran war levels as more oil tankers exited the strait of Hormuz. Brent crude, the global benchmark, fell to a low of $72.24 a barrel on Thursday, slightly lower than the day before the US and Israel launched missile attacks on Tehran on 28 February. Prices have fallen more than 20% this month. Continue reading...

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