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Indian daily, markets desk

नज़रिए अनुसार · 1 takes across the edition

Reports Brent at $72.79 (down 1.48%) and WTI at $69.15 (down 1.69%), attributing the slide to optimism over a longer-term US-Iran agreement and surging Strait of Hormuz shipping traffic at its highest since before the conflict escalated.

“Brent fell near $72.79 and WTI slipped to $69.15 as Strait of Hormuz traffic jumped to its highest since before the war and US-Iran peace hopes grew.”