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Oil prices fall below pre-Iran war levels as fears grow of global crude oversupply

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NEWSDECK ANALYSIS
The current decline in oil prices is significant as it marks a return to levels seen before the escalation of conflict in the region, which had previously driven up prices due to concerns over supply disruptions. A global oversupply of crude oil is now being cited as a key factor in the price drop, with potential implications for the global energy market. As oil prices decrease, consumers can expect to see a corresponding reduction in petrol prices at the pump in the coming days.
This story is currently only covered by one source from a single part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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Oil prices fall below pre-Iran war levels as fears grow of global crude oversupply
Oil falls should feed through to petrol prices in days
25 Jun, 09:40
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