Oil prices have fallen to their lowest levels in over two weeks amid expectations that traffic through the Strait of Hormuz will soon resume. Brent crude prices dropped to $97.43. Some vessels, including a supertanker carrying approximately 2 million barrels of Iraqi oil, have already begun to pass through the strait, heading to China after nearly a three-month delay.
Oil Prices Decline Amid Anticipated Reopening of the Strait of Hormuz
