Petrol, diesel and LPG prices may ease as crude oil drops sharply following the US-Iran agreement and reopening of the Strait of Hormuz. Key Highlights • Brent crude oil prices fell 3.9% to around USD 84 per barrel, while US crude dropped 4.8% to nearly USD 81 per barrel. •...
Peace agreement set to be formally signed on June 19 as Strait of Hormuz reopens and energy markets anticipate relief. Key Highlights The United States and Iran have reached a landmark peace agreement aimed at ending a four-month conflict that rattled global energy markets and heightened fears of a broader...
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