Oil prices fall more than $1 in Asian trading on Hormuz shipping risks vs US cost-lowering efforts

Oil prices fell more than $1 in early Asian trading Thursday as investors weighed risks to shipping through the Strait of Hormuz against US efforts to lower petroleum transportation costs. Brent crude futures fell 1.31% to $104.67 a barrel by 0116 GMT.

Detected & updated continuously · Source: Nebula