Middle East Oil Markets Weaken on Optimism Over Increased Supply

Bloomberg Jun 16, 2026 2h ago ⏱ 1 min read 👁 3 views

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42 words

Middle Eastern crude markets weakened as the US-Iran agreement to reopen the Strait of Hormuz spurred optimism around an increase in flows from the oil-rich region. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

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