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WTI. Forecast. Hopes for De-escalation Face Uncertainty Regarding the Strait of Hormuz
On Monday, the price of West
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On Monday, the price of West Texas Intermediate (WTI) crude oil fell below $90 per barrel. Trading occurred within one of the widest intraday ranges in the modern history of the oil market.Political uncertainty has also applied additional pressure to oil dynamics. US President Donald Trump stated on Truth Social that Washington and Tehran had conducted "very good and productive negotiations" for a "comprehensive and complete settlement" of the conflict. According to him, the Pentagon was instructed to postpone planned
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