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Citi Sees Oil Possibly Falling To $60 As Strait Of Hormuz Shock Fades

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2026-07-03 05:39:23
Citi said oil prices could fall to $60 as the impact from the Strait of Hormuz shock gradually fades.

According to Jin10, Citi said the Strait of Hormuz shock was easing and that oil prices might decline to $60.
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