levels
Oil Prices Retrench to Pre-War Levels as Strait of Hormuz Transit Normalizes
Executive Summary: A Geopolitical De-escalation Global oil markets experienced a significant cooling period on June 25, as benchmark prices retracted to levels not seen since the outbreak of regional hostilities earlier this year. This downward pressure on commodity prices follows a critical diplomatic and logistical pivot: the United States government reported that shipping flows through […]
