Oil price falls back as flow of crude through Strait of Hormuz unaffected

Traders have shrugged off escalation of Israel-Iran conflict amid lack of disruption to exports from region

Jun 16, 2025 - 16:30
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Oil price falls back as flow of crude through Strait of Hormuz unaffected
Traders have shrugged off escalation of Israel-Iran conflict amid lack of disruption to exports from region