U.S. crude futures fall to $75.22

Oil futures prices for American crude decreased by 0.73%, closing at $75.22 per barrel, according to Reuters. Lebanese diplomatic sources also reported that the American delegation requested to suspend the trilateral negotiations to conduct private consultations. Iran announced that, in wartime conditions, it would enforce its sovereignty over the Strait of Hormuz, while in peacetime, navigation would proceed normally. Additionally, the Israeli army halted a large-scale attack in southern Lebanon that was planned as a response to Hezbollah. Iran also announced understandings with Oman regarding the coordinates for vessel transit through the strait.

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