India, June 22 -- Extending losses from Thursday's slide due to easing supply concerns, crude oil prices have plunged on Monday despite Iranian military declaring shutting the Strait of Hormuz again.
The U.S. military's denial of Iran's contention and reaffirmation that commercial vessels are operating freely weighed on oil prices amid ongoing U.S.-Iran talks.
WTI Crude Oil for July month delivery was last seen trading down by $1.63 (or 2.13%) at $74.97 per barrel.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....