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OPEC quota

Men work during the unloading of oil from trucks arriving from Iraq at the Baniyas oil terminal, in Baniyas, Syria, May 14, 2026. REUTERS/Mahmoud Hassano/File Photo
Jun 25, 2026

Oil falls to pre-war levels on rising Middle East supply

Oil prices fell to levels last seen before the Iran war as rising Middle East supply and resumed Strait of Hormuz flows ease market concerns.

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