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The Nexus
BUSINESSJun 18 · 17:30 UTCQUARTZCris Tolomia

Oil prices keep falling as Vance says ships are moving through the Strait of Hormuz

Brent crude prices fell toward $78 a barrel as the vice president reported that tankers carrying over 12 million barrels passed through the Strait of Hormuz overnight. Oil prices continued to decline amid increased shipping activity in the strategic waterway.

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