Barak discusses potential oil price declines

Nabil Georges Bmassoud, head of the Fuel Owners Syndicate, expected that oil and fuel prices would decrease as a result of Trump's decision to cancel the intention to ban diesel exports from the United States, and the G7 group's decision to release approximately 100 million barrels from their strategic reserves over four months. These measures, coming ahead of the US midterm elections, are set to ease demand pressure on international markets, leading to a drop in prices.

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