India, June 24 -- Brent Crude Oil Price Today (June 24): Oil prices extended their decline on Wednesday, June 24, as concerns over supply disruptions eased and shipping activity through the strategically important Strait of Hormuz continued to normalize. Market participants also assessed signs of diplomatic progress involving Iran and expectations of increased crude exports from key Middle Eastern producers.

Global benchmark Brent crude slipped below the $77-per-barrel mark, while US West Texas Intermediate (WTI) crude also traded lower amid improving supply prospects and reduced geopolitical risk premiums. Oil prices slipped on June 24 as easing concerns over shipping disruptions in the Strait of Hormuz and expectations of higher crude ...