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The Nexus
BUSINESSJun 16 · 13:38 UTCFINANCIAL TIMES WORLD

Oil sinks below $80 a barrel as traders bet Hormuz flows will return

Oil prices fell below $80 a barrel as traders anticipated the resumption of Hormuz Strait oil flows. Brent crude reached a three-month low following an agreement to extend a US-Iran ceasefire.

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Brent crudetopicHormuzplaceUnited StatesplaceIranplaceUS-Iran ceasefiretopic
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