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Oil prices flat as Trump’s plan for Strait of Hormuz fails to calm markets
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Oil prices flat as Trump’s plan for Strait of Hormuz fails to calm markets

Al Jazeera·John Power·29 days ago
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Brent crude largely unmoved by Trump’s announcement of operation dubbed Project Freedom. Oil prices are largely unmoved following United States President Donald Trump’s announcement that the US will guide stranded vessels out of the Strait of Hormuz. Brent crude, the international benchmark, was essentially flat on Monday morning, as traders saw little hope of Trump’s plans resolving the biggest energy disruption in history. Recommended Stories list of 4 items list 1 of 4 French left-wing’s Melenchon says he will run for president in 2027 list 2 of 4 Three dead in suspected hantavirus outbreak on Atlantic cruise ship list 3 of 4 Thousands in India’s Manipur mark three years since ethnic clashes began list 4 of 4 Illegal ‘free party’ at French military site draws up to 40,000 ravers end of list Brent futures for July stood at $108.25 as of 02:30 GMT, up by 0.08 percent.…

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