Crude oil continues to fall, with WTI crude down 4.22% intraday and Brent crude down 3.91% intraday.
BlockBeats News, June 22, according to Bitget market data, WTI crude oil fell below $74 per barrel, down 4.22% intraday; Brent crude oil fell below $77 per barrel, down 3.91% intraday.
On the news side, according to ongoing constructive talks in Switzerland, Iran has committed to ensuring the free and open passage of the Strait of Hormuz and will allow International Atomic Energy Agency inspectors to enter its territory. As part of a framework agreement, the US Department of the Treasury has issued a 60-day temporary general license, authorizing the production, delivery, and sale of Iranian oil.
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