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Oil Drops as Flows in Hormuz Persist and OPEC+ Flags More Supply

Bloomberg

BusinessBloomberg·Jul 5, 2026·1 min read

Oil Drops as Flows in Hormuz Persist and OPEC+ Flags More Supply

Oil fell as energy flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies, fanning concerns about a potential glut.

View original source — Bloomberg ↗

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