9 Hrs
Source:
عين ليبيا
Source: عين ليبيا
9 Hrsعين ليبيا
Source: عين ليبيا
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Oil prices declined at the start of today’s trading amid anticipation of tensions in the Middle East and as the U.S. administration considers easing restrictions on tanker ships linked to the "Shadow Fleet" to reduce global shipping costs. Brent crude fell by 0.39% to reach $105.51 per barrel, while West Texas Intermediate declined by 0.55% to $97.43, after previously rising by over 3% following a drop in U.S. oil inventories. The Trump administration is examining the possibility of lifting sanctions on some ships associated with the "Shadow Fleet" to boost supplies and cut transportation expenses. Meanwhile, geopolitical risks continue to support prices due to escalating clashes in the region and threats of attacks on ships near the Strait of Hormuz.
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