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Oil prices fall over 4%

  • 25-05-2026 10:07 AM
emirates7 - Oil prices fell amid growing concerns that continued restrictions on oil shipping through the Strait of Hormuz will harm global economic growth.

Brent crude futures fell $4.71, or 4.55%, to $98.83 a barrel by 2234 GMT, while US West Texas ‌Intermediate was at $92.03 a ⁠barrel, down $4.57, or 4.73%.



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