Oil prices fall for a fifth straight session to a two-week low: Iran reportedly proposes reopening the Strait of Hormuz, Saudi Arabia restarts key pipeline

Zhito Finance APP has learned that on Tuesday, international oil prices fell sharply for a fifth consecutive trading day, hitting a two-week low. The market is digesting diplomatic rumors that Iran may reopen the Strait of Hormuz, as well as news that Saudi Arabia's key East-West oil pipeline has restarted.