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Oil Prices Fall as U.S.-Iran Deal to Reopen Hormuz Takes Effect

NYT Business Thursday 18 June 2026, 07:08 UTC By The New York Times 1 min read

Key Points

Oil prices fell and stocks rose after Pakistan announced that the agreement to reopen the Strait of Hormuz would take effect immediately.

Pakistan (LOCATION) the Strait of Hormuz (LOCATION)

Originally published by NYT Business Read original →

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Oil Prices Fall as U.S.-Iran Deal to Reopen Hormuz Takes Effect

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