The National · 14 Jul 2026
Hormuz toll not a factor: Oil prices set to trade around $80, Standard Chartered says
Tolls on tankers crossing the Strait of Hormuz are not a factor in oil price projections, with flare-ups in the US-Iran conflict expected to keep costs around $80 a barrel in the short term, Standard Chartered has said. By the end of this year, prices are likely to taper towards the $70 mark, but ar
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