Oil Prices Fall 2% as Strait of Hormuz Shipments Recover Despite Security Concerns Near Oman
London: Global oil prices fell nearly 2% on Friday as improving crude shipments through the Strait of Hormuz eased concerns about supply disruptions. The decline came even after a commercial vessel was struck near Oman, highlighting that security risks in the region continue to influence energy markets. According to Beyond Time News, Brent crude dropped…