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Brent Crude Falls to Pre-Conflict Level, Down 4.3% on June 25 as Supply Concerns Ease

2026-06-24 19:57:05

According to Jin10, on Wednesday, June 25, Brent crude futures fell $3.34 to settle at $73.74 per barrel, down 4.3%, while U.S. crude futures dropped $2.87 to $70.34 per barrel, down 3.9%, retreating to levels seen before the U.S.-Israel-Iran conflict erupted in late February. The decline came as supply concerns eased following the departure of previously stranded tankers from the Strait of Hormuz, according to Dutch International analyst commentary citing increased vessel transit activity.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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