1 Day
Source:
مصراوي
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Oil's biggest weekly drop
Brent crude is on track for its biggest weekly decline since the start of the Covid-19 pandemic, falling about 16% amid expectations that the US-Iran war will ease and Middle Eastern exports will resume, alongside a return of oversupply and weaker demand. A wave of stock selling also weighed on prices, but continued attacks on oil tankers in the Gulf and the Strait of Hormuz kept supply risks in play and limited the decline.
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