ECB Rate-Hike Forecasts Pared Back as Oil Regains Pre-War Level
A sharp drop in oil prices amid progress in Middle-East peace talks has prompted some economists to scale back expectations for European Central Bank interest-rate increases.
Oil Prices Fall Below Pre-War Levels
- Oil Erases Wartime Gains as Hormuz Stockpiles Hit Market Bloomberg —
- Oil back to pre-war levels as Hormuz traffic rebounds, US tries to reassure Gulf allies The Straits Times —
- Oil close to pre-war price as Iran oil hits market, ships transit strait UPI —
- Oil prices at lowest level since start of Iran war Semafor —
- Oil tankers pass the Strait of Hormuz despite Iran threats, as traffic flows begin to recover NBC News —