4 Hrs
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عين ليبيا
Source: عين ليبيا
4 Hrsعين ليبيا
Source: عين ليبيا
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Oil prices fell on Monday, with Brent dropping below $97 a barrel and West Texas Intermediate slipping under $89, after crude lost more than 16% over the previous week. The decline came amid hopes that the US-Iran conflict could be contained, alongside concerns that risks to supply would persist. Gold, by contrast, rose by as much as 1.6%, topping $4,130 an ounce, supported by lower oil prices, easing inflation concerns, and central-bank purchases. Expectations of US interest-rate hikes, however, limited its gains. The potential for escalation or an agreement between Washington and Tehran, as well as the Federal Reserve’s upcoming decisions in December 2026, remained among the main factors influencing the direction of both markets.
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