WS #10576
Oil extends decline as Strait of Hormuz concerns ease; Trump orders DOJ probe into gasoline price gouging, adding regulatory risk to energy sector. Qatar's Prime Minister says LNG production will return to normal within weeks, easing supply concerns and contributing to oil price decline.
Oil Price Decline & Regulatory Risk
Oil extends decline as Strait of Hormuz concerns ease; Trump orders DOJ probe into gasoline price gouging, adding regulatory risk to energy sector.
Qatar's Prime Minister says LNG production will return to normal within weeks, easing supply concerns and contributing to oil price decline.