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Oil prices see sharpest monthly drop in six years

VnExpress

Expectations of a peace agreement between the US and Iran, which could lead to the reopening of the Strait of Hormuz, have caused Brent crude oil prices to experience their steepest decline since 2020.

US crude oil dips below 90 USD, gold price drops nearly 100 USD

VnExpress

Hopes for Iran to restore traffic through the Strait of Hormuz send oil prices down nearly 6%, while gold also hits a two-month low.

Japan may have spent over 60 billion USD to prop up the yen

VnExpress

After the yen's value dropped to a nearly two-year low against the US dollar, Japanese officials are believed to have intervened to support the domestic currency.

Gold price increases over 100 USD, oil drops sharply

VnExpress

News of a potential US-Iran agreement to end hostilities propelled gold prices past 4,700 USD while US crude oil neared 90 USD on the evening of 6/5.

Global oil prices surge nearly 6%, gold sharply declines

VnExpress

Middle East conflict escalates to its highest point in a month, accelerating Brent crude prices while gold remains under pressure.

World gold prices hit nearly one-month low

VnExpress

Persistent inflation fears, fueled by the ongoing Middle East conflict, have pushed world gold prices below 4,600 USD at times.

Europe proposes emergency measures to support economy

VnExpress

The Middle East conflict costs Europe nearly USD 600 million daily, forcing the EU to propose releasing emergency reserves to address energy shortages.

World loses over 50 billion USD in crude oil due to Middle East conflict

VnExpress

The month-long blockage of the Strait of Hormuz has stranded 500 million barrels of oil, resulting in a 50 billion USD loss for the global energy market.

Oil prices plummet, gold surges after news of Hormuz Strait reopening

VnExpress

News of Iran reopening the Strait of Hormuz during an Israel-Lebanon ceasefire sent oil prices below 90 USD, while gold gained 70 USD.

Oil supply to face further shortages due to US blockade

VnExpress

Global oil supply will tighten further as Iranian oil is blocked from the market, impacting many importing nations in Asia.

Goldman Sachs lowers crude oil price forecast

VnExpress

US bank Goldman Sachs anticipates average Q2 crude oil prices to drop by approximately 10% from its previous projections.

Oil prices plunge nearly 19% as US halts attacks on Iran

VnExpress

US crude oil prices fall below 100 USD per barrel, while gold prices surge by nearly 140 USD per ounce.