Post by Proshare (@Proshare)

ICE Brent crude closes the week near US$72 per barrel, registering a 10% weekly decline and fully unwinding the war risk premium that had accumulated since the United States struck Iran on February 28. Markets are pricing a gradual Hormuz reopening following a recovery in crude transits to over 16 million barrels across a two-day window. However, volumes remain a fraction of the pre-conflict norm of 130-140 daily transits.

https://proshare.co/articles/brent-erases-iran-war-premium-as-hormuz-flows-show-signs-of-recovery-oir-260626?menu=Economy&classification=Read&category=Oil

ICE Brent crude closes the week near US$72 per barrel, registering a 10% weekly decline and fully un...

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