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EconomyOil prices fall as investors weigh supply outlook and Middle East tensions

Oil prices dropped by more than $1 in early trading on Thursday as investors assessed supply risks from attacks on shipping in the Strait of Hormuz alongside US efforts to reduce petroleum transport costs by easing sanctions on vessels.

oil pricesoil supplyStrait of Hormuz

RReuters★★★☆☆2026-10-15 01:50Original

Oil prices fall as investors weigh supply outlook and Middle East tensions
Oil prices fall as investors weigh supply outlook and Middle East tensionsEconomy