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Oil steadies after Trump signals restraint on Iran, Hormuz risks persist

TH
The Straits Times
By The Straits Times
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EXECUTIVE SUMMARY

Brent fell 16% last week, the steepest weekly drop since the start of the COVID pandemic.

Key Takeaways

  • Oil steadies after Trump signals restraint on Iran, Hormuz risks persist.
  • Brent fell 16% last week, the steepest weekly drop since the start of the COVID pandemic.
  • Brent fell 16% last week, the steepest weekly drop since the start of the COVID pandemic.

Brent fell 16% last week, the steepest weekly drop since the start of the COVID pandemic.

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