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Get the free app no ads · no paywallGeneral · 16 June 2026
Unsplash / Shaah Shahidh
Brent crude, the global oil benchmark, has dropped below $80 a barrel for the first time since early March. This comes after a US-Iran deal to reopen the Strait of Hormuz, with Iranian state media reporting tankers are now sailing. The agreement also includes 60 days of nuclear talks, though experts warn normal shipping will take time.
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