On Wednesday, global oil prices continued to decline, with Brent crude falling below $75 per barrel for the first time since the start of the conflict, while U.S. West Texas Intermediate crude dropped below $70 per barrel. According to shipping data, traffic through the Strait of Hormuz has increased but remains at one-third of pre-war levels, as stipulated by the Iran-U.S. memorandum of understanding.

Anonymous SubmissionTehran, Tehran
@RadioFarda‌|‌راديو فردا: 🔸The downward trend in global oil prices continued on Wednesday with an increase in shipping traffic through the Strait of Hormuz, as Brent crude oil prices fell below $75 per barrel for the first ti

@RadioFarda‌|‌راديو فردا: 🔸The downward trend in global oil prices continued on Wednesday with an increase in shipping traffic through the Strait of Hormuz, as Brent crude oil prices fell below $75 per barrel for the first ti

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