Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming
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Source: CNBC
Published: 2026-06-25 12:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Energy, World News
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Snippet:
Oil prices erased wartime gains on Thursday as investors bet global crude supplies would improve after tankers that had been stranded in the Persian Gulf for months began leaving the Strait of Hormuz.
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