Oil prices tumble amid renewed optimism over the Strait of Hormuz
- Oil prices tumbled Wednesday for the third straight day, as a flurry of headlines from the Middle East sparked renewed optimism in global markets.
- crude oil had fallen more than 1.5% to around $81 per barrel and had earlier slipped as low as $79 per barrel for the first time since Aug.
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- Oil prices tumbled Wednesday for the third straight day, as a flurry of headlines from the Middle East sparked renewed optimism in global markets.
- crude oil had fallen more than 1.5% to around $81 per barrel and had earlier slipped as low as $79 per barrel for the first time since Aug.
Sources: NBC News