Markets Update | Oil prices fall below $80 per barrel

Oil prices fell below $80 per barrel amid growing confidence that the effective closure of the Strait of Hormuz is coming to an end, paving the way for an increase in global oil supplies.

Attention now turns to Friday's official signing ceremony in Switzerland on an initial deal intended to end more than three months of war in Iran.

For more on what's happening on the markets, we are joined by Absa Investment Analyst Anri Brink.

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