WS #14020

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Oil prices fell ~2% to $81.34 WTI despite Hormuz closure and Iran's control, driven by OPEC/IEA demand cuts and US inventory build, easing inflation concerns.

Oil price drop despite geopolitical tensions

Oil prices fell ~2% to $81.34 WTI despite Hormuz closure and Iran's control, driven by OPEC/IEA demand cuts and US inventory build, easing inflation concerns.

Full world state #14020 →