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Crude Oil Edges Lower as Deal to Reopen Hormuz Goes Into Effect

Oil edged lower as traders assessed the interim US-Iran peace deal, with state television in the Islamic Republic and a US official saying that the pact had been signed digitally by the nations’ presidents.

Crude Oil Edges Lower as Deal to Reopen Hormuz Goes Into Effect

Oil edged lower as traders assessed the interim US-Iran peace deal, with state television in the Islamic Republic and a US official saying that the pact had been signed digitally by the nations’ presidents.

Energy Bloomberg Jun 17, 2026

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