Global oil prices fall to pre-Iran war levels as demand weakens and Strait of Hormuz reopens
The reopening of the Strait of Hormuz and weakened demand may stabilize oil prices, impacting global markets and investor risk strategies. The post Global oil prices fall to pre-Iran war levels as demand weakens and Strait of Hormuz reopens appeared first on Crypto Briefing .
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Global oil prices fall to pre-Iran war levels as demand weakens and Strait of Hormuz reopens Brent crude dips near $72.48 per barrel, erasing the entire war premium built up since February's US-Israeli strikes on Iran Share Add us on Google by Editorial Team Jun. 29, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Brent crude briefly traded below $72.48 per barrel in late June, a price point the world hasn’t seen since February 27,…
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