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Oil prices stablises despite Iran voting to shut down a major shipping lane | Business Live
Posted
June 23, 2025
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2,876
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June 23, 2025
2,876
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26:11Now PlayingJoin Business Live with Darren McCaffrey as Wall Street has kicked off the week with mild gains in stocks as the oil price fell amid easing fears of an imminent disruption to crude supplies from the Middle East.
Investors are awaiting signs of Iran’s response to US attacks on its nuclear sites and with no visible disruption to shipping routes as yet, tensions appear to be easing.
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