Tehran (Commerce Desk): Following the restoration of maritime traffic in the Strait of Hormuz, a decline has been recorded in global crude oil prices.
According to details, the price of U.S. crude oil fell by $1.32, bringing it down to $72.54 per barrel.
Similarly, the price of British crude oil also decreased by $1.40, reaching $76.50 per barrel.
Experts say that improved regional conditions and a stable supply chain have reduced pressure on global oil prices in the international market.