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Energy Energy

Oil Headed for Largest Quarterly Price Drop Since 2020

Source: bloombergMarkets June 30, 2026 · 03:42
Oil is set for the biggest quarterly decline since the pandemic and Morgan Stanley is warning of a potential glut ahead as flows through the Strait of Hormuz accelerated following progress on a peace deal between the US and Iran. Alaric Nightengale reports on Bloomberg Television. (Source: Bloomberg)
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