Global Oil Prices Plunge to Pre-War Levels as Hormuz Shipping Resumes

Ahmed Kamel – Egypt Daily News World The global price of crude oil fell to its lowest valuation since the outbreak of the Iran conflict as commercial traffic slowly returned to the Strait of Hormuz. Global benchmark Brent crude dipped to seventy-two dollars and forty-eight cents a barrel, erasing all premium costs added since the [...] The post Global Oil Prices Plunge to Pre-War Levels as Hormuz Shipping Resumes first appeared on Egypt Daily News - Egypt News .