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The Hindu

National / The Hindu

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Oil prices fall below $80 per barrel, while U.S. stocks drift

With optimism continuing that a tentative U.S.-Iran deal on their war will reopen the Strait of Hormuz at the end of the week and get the global flow of oil going again, the price for a barrel of Brent crude fell 5.4% to $78.66.

17 Jun 2026 3:11 am