Crude oil prices rebound after Iran-Israel deterioration puts ceasefire in jeopardy
Separately, the Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed to increase their oil output quotes for July by another 1,88,000 barrels per day, even as a continued blockade in the Strait of Hormuz prevents them from implementing the same. Crude oil prices have rebounded in early Asian trading on Monday, June 8, […]
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