Global crude prices drop after Iran allowed oil ships through Hormuz
Oil prices declined on Friday after U.S. President Donald Trump said Iran permitted 10 oil tankers to transit the Strait of Hormuz this week as a “present” to the United States, suggesting a possible de-escalation of tensions in the vital maritime corridor. Brent crude futures, the international benchmark, fell 0.6 per cent to $107.36 per […]










