Oil Prices Toward Four-Month Lows On Signs Of Resuming Shipments Through Hormuz And Easing US-Iran Tensions

Oil prices fell more than 1% on ​Wednesday, extending this week’s losses and trading near four-month lows, on signs that more oil ‌tankers stranded in the Gulf are set to move out of the Strait of Hormuz.Brent crude futures fell 78 cents, or 1.0%, at $76.30 a barrel as of 0350 GM

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