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Home › Finance › Oil Set for Deep Weekly Loss…
Finance

Oil Set for Deep Weekly Loss as Hormuz Traffic Starts to Pick Up

Bloomberg Jun 18, 2026 1h ago ⏱ 1 min read 👁 5 views
Oil Set for Deep Weekly Loss as Hormuz Traffic Starts to Pick Up
Image via Bloomberg
📋 Article Summary
51 words
Oil headed for a substantial weekly drop as the US-Iran interim peace deal saw shipping through the Strait of Hormuz start to return to normal, easing the global crude market’s biggest ever supply shock. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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