10 Hrs
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لبنان ٢٤
Reuters: Oil drops 4% after US Iran attack halt
The article discusses a significant drop in oil prices following the halt of U.S. strikes on Iran, with Brent crude oil falling by 4% to reach $83.96 per barrel, the lowest level since 1985. This decline comes after oil prices had previously risen by 4% following the recent strikes, reflecting the impact of the Iranian-U.S. agreement on the global oil market. It also highlights the ongoing decrease in U.S. oil inventories for the tenth consecutive week. Additionally, it points to American officials' doubts about whether resuming large-scale military operations would push Iran back to the negotiating table.
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