12 Hrs
Source:
الاقتصادية
Oil drops 5% to 7-week low
Oil prices fell by about 5%, heading toward their lowest level in 7 weeks, after the cessation of mutual hostilities between Iran and Israel and indications of a potential deal to end the escalation. This alleviated concerns over energy supplies in the Middle East. Brent crude reached its lowest level since April 17, while West Texas Intermediate hit its lowest since May 29, amid downward pressures on the market.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)