London, March 16, 2026 (AFP) - Oil eases on hopes for Strait of Hormuz passage

NAMPA / AFP
2026-03-16
Oil prices eased on Monday as investors balanced hopes for the crucial Strait of Hormuz reopening with concerns over further attacks on energy infrastructure. As the Middle East war entered its third week, most European stocks climbed while Asian stocks mainly fell. International benchmark Brent North Sea crude was up just 0.1 percent -- after rising about three percent earlier in the day -- and the main US contract West Texas Intermediate shed m......
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