TEHRAN: After the restoration of maritime transportation in the Strait of Hormuz, crude oil prices in the global oil market have further decreased.
According to the report, the restoration of shipping in the Strait of Hormuz after the Iran-US deal has reduced investor concerns and reduced pressure on oil prices in the global market.
According to market sources, the price of US crude oil per barrel in the global market has decreased by one dollar and 32 cents, after which its price has come down to 72 dollars and 54 cents per barrel.
Similarly, there has been a significant decrease in the price of British crude oil, with British crude oil being sold at 76 dollars and 50 cents per barrel.
Market experts say that the Strait of Hormuz is an important route for global energy trade, so any disruption there immediately affects global prices.
