A representational image showing crude oil tankers off the shore of Karystos, on the Island of Evia, Greece, May 26, 2022. — ReutersLAHORE: Renewed geopolitical tensions in the Middle East have once again laid bare the vulnerability of Pakistan’s fuel-dependent…
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Crude oil slumps after reopening of Hormuz drains geopolitical risk from markets
3D printed oil barrels, rising stock graph are seen in this illustration. — Reuters/FileIran allows commercial shipping through Hormuz during ceasefire.Araghchi says route fully open for remaining ceasefire period.Brent settles at $90.38, down 9.1%; WTI fell below $90.
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