Oil prices fall for a third straight day as Middle East supply recovers, but geopolitical risks remain. Easing inflationary pressure could be good news for crypto markets. Shipping through the Strait of Hormuz is restricted, tensions in the Red Sea remain high, and oil prices could stay volatile.

Oil prices drop for a third day as Middle East exports ease supply concerns. Geopolitical risks still limit downside. Easing inflationary pressure could benefit crypto markets. Shipping through the Strait of Hormuz is restricted, tensions in the Red Sea are simmering, and oil prices remain volatile.

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