Oil prices ease as recovering Hormuz Strait traffic tempers war premium - cnbc.com
business 2026/07/31 04:10:47

Oil prices ease as recovering Hormuz Strait traffic tempers war premium - cnbc.com

Source:CNBC
Author:Lee Ying Shan

Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U.S.-Iran strikes earlier this week.