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US oil contract plunges below $70 a barrel

Published June 24, 2026 Updated June 24, 2026 08:16pm
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According to Anadolu, Brent crude has fallen by 4.5 per cent to $73.6 per barrel, the lowest since before the US-Iran war, while the US West Texas Intermediate (WTI) has slipped below $70, as supply concerns around the Strait of Hormuz ease.

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