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HIBAPRESS – Agencies
Oil prices recorded a decline of more than 10 percent, coinciding with the announcement of the complete reopening of the Strait of Hormuz.
The price of "Brent" crude, for June delivery, fell by 10.42 percent, reaching $89.03 per barrel. Also, the price of American "West Texas" intermediate crude, for May delivery, decreased by 11.11 percent, reaching $84.17.
