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Key Oil Pricing Window Sees Slew of Bids as War Hits Supply

Apr 07, 2026 16:14 UTC

Storage tanks for transport fuels and petroleum products at the Navigator Thames oil depot terminal on the outskirts of London, UK, on Monday, March 23, 2026.

  • Storage tanks for transport fuels and petroleum products at the Navigator Thames oil depot terminal on the outskirts of London, UK, on Monday, March 23, 2026
  • Brent crude plunged from $112 a barrel to as low as about $96 a barrel as US President Donald Trump signaled negotiations were underway even as Iran denied the talks

Storage tanks for transport fuels and petroleum products at the Navigator Thames oil depot terminal on the outskirts of London, UK, on Monday, March 23, 2026. Brent crude plunged from $112 a barrel to as low as about $96 a barrel as US President Donald Trump signaled negotiations were underway even as Iran denied the talks.

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