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diplomacyJun 20, 2026
Is the worst over on oil prices?
Summary
Consumers are beginning to breathe a sigh of relief as oil prices fall after a shaky peace deal was agreed in the Middle East. But the hangover from the blockade of the Strait of Hormuz will continue long after shipping fully resumes.
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US
Sources
- David MurphyBy David Murphy
Consumers are beginning to breathe a sigh of relief as oil prices fall after a shaky peace deal was agreed in the Middle East. But the hangover from the blockade of the Strait of Hormuz will continue long after shipping fully resumes. Consumers in Ireland and elsewhere will be pa…
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