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Oil prices pare losses as Hormuz, Houthi tensions persist

Original · Hellenic Shipping News Worldwide · Shipping · 26m ago
Oil prices fell on Monday as U.S. President Donald Trump played down the likelihood of further military strikes against Iran, easing immediate concerns over another escalation in the conflict. However, continued attacks on commercial shipping through the Strait of Hormuz and renewed Houthi strikes on Saudi infrastructure kept supply concerns elevated. As of 03:18 ET ...
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