Oil Prices Drop Amid Middle East Supply Surge

Oil prices plunge to multi-month lows as Middle East supply fears ease, with Brent at $72.66 and WTI near $69.50—driven by rising flows through the Strait of Hormuz and Iran’s potential return to markets. U.S. Energy Secretary notes recovery is underway but mine clearance delays remain. China poised to buy Iranian crude, while Iraq weighs OPEC exit if quotas don’t expand. Meanwhile, Ukraine strikes Russian oil infrastructure amid global market shifts. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/46514b4edb71942c