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Josh Gilbert

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  • Jun 15

    Oil drops over 5% after US-Iran deal, but analysts warn energy shock 'is not over' and recovery will take months

    Oil prices fell more than 5% and Asian equities surged Monday after the United States and Iran announced a framework agreement to end their war and reopen the Strait of Hormuz, though analysts warned the energy supply shock is not over and a full return to normal flows will take months.

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