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عين ليبيا
Geopolitical Tensions Ease Impacting Safe Havens and Energy
Oil and gold prices declined today, Tuesday, amid reduced tensions in the Middle East and improved oil flows through the Strait of Hormuz, while expectations of an impending US interest rate hike continue. Brent crude fell by 1.43% to $76.79 per barrel, West Texas Intermediate dropped by 1.41% to $72.82, gold decreased by 1.78% to $4,116.83 per ounce, and silver declined to $62.25. The US dollar index rose to 101.049 points, and the Strait of Hormuz remains a major concern in the oil market.
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