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الوقائع الإخبارية
Oil slips but nears monthly 20% rise
Oil prices retreated on Friday, despite expectations of a nearly 20% monthly rise, even though there has been little progress in negotiations between the United States and Iran. Brent crude decreased by $1.03 to $88 per barrel, while US West Texas Intermediate dipped by $1.50 to $82.09. Shipping traffic through the Strait of Hormuz remains concentrated, with 25 ships crossing the Bab el-Mandeb Strait. Despite the daily decline, prices are on track to achieve their highest monthly increase in some time, as tensions in the Middle East continue and impact supplies.
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