Oil drops following Lebanon-Israel pact
Oil prices fell after Israel and Lebanon agreed to implement a ceasefire, bolstering hopes for a broader agreement to end the war between the United States and Iran. Brent crude decreased to $97.14 per barrel, and West Texas Intermediate to $95.4, after having risen approximately 2% in the previous session amid renewed fighting in the Middle East. Additionally, the U.S. House of Representatives approved a resolution limiting President Donald Trump's authority in the war against Iran, but any changes require Senate approval.
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