Oil prices retreat as investors weigh supply outlook, West Asia tensions
Representational image. | Photo Credit: Getty Images/iStockphoto Oil prices fell more than 1% on Thursday (October 15, 2026) as investors weighed risks to supply from attacks on shipping through the Strait of Hormuz against U.S. efforts to cut petroleum shipping costs by easing sanctions on vessels. Brent crude futures fell $1.64, or 1.6%, to $104.42…
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