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Oil Falls on Growing Signs of Oversupply, Progress in Iran Talks

Oil extended its run of declines on growing signs of oversupply, with traffic through the Strait of Hormuz recovering and some of the impacts of the Iran war continuing to fade.

Oil Falls on Growing Signs of Oversupply, Progress in Iran Talks

Oil extended its run of declines on growing signs of oversupply, with traffic through the Strait of Hormuz recovering and some of the impacts of the Iran war continuing to fade.

Geopolitics Bloomberg Jun 30, 2026

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