Oil extends slide on expectations of smoother crude flows via Hormuz

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Source: The Korea Herald
Published: 2026-06-24 14:29 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy, World News
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Snippet:
Oil prices fell more than 1 percent on Wednesday, extending this week's losses and trading near four-month lows, on signs that more oil tankers stranded in the Gulf are set to move out of the ‌Strait of Hormuz.
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