Oil prices drop over $1 as Strait of Hormuz flows improve despite US-Iran conflict

NewsFri, 31 Jul 2026 03:03:12 UTC2 hours ago
Oil prices drop over $1 as Strait of Hormuz flows improve despite US-Iran conflict

Improved Strait of Hormuz flows may stabilize oil prices, reducing the likelihood of new highs despite ongoing US-Iran tensions.

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