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MARKETSSTORY 687· JUNE 28, 2026

Oil Prices Erase Wartime Gains as Tankers Clear the Strait of Hormuz

Oil prices fell after tankers that had been stranded in the Persian Gulf for months began transiting the Strait of Hormuz, signaling to markets that a prolonged supply disruption may be easing.

NDNewsDialy Desk2 MIN READ
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cnbc.com

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