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لبنان ٢٤
Oil prices fall amid US-Iran deal concerns
Oil prices declined today, Tuesday, after rising earlier in the trading session, amid concerns about the lack of sufficient details in the initial agreement to end the war between the United States and Iran. Market fears continue regarding the duration of the resumption of supplies through the Strait of Hormuz. Brent crude fell by 0.3% to reach $82.92 per barrel, while US West Texas Intermediate decreased by 0.12% to $80.65. This followed a roughly 5% drop in oil prices on Monday after the signing of a memorandum of understanding between Washington and Tehran.
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