Ceasefire may bring modest respite at the pump

  • Thread starter Thread starter Rachel Frazin
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Rachel Frazin

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This week’s drop in oil prices following the Iran war ceasefire could bring some modest respite for consumers at the pump — if the truce holds. However, analysts also say that even in the long term, Iran may not want to give up its leverage over a key oil choke point, the Strait of Hormuz, which…

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