Oil dips 5% on US-Iran ceasefire
A cargo ship sank in the South China Sea, resulting in the death of 17 people. Oil prices dropped by 5% after attacks between the United States and Iran ceased, and concerns over leadership development diminished. In other efforts, the Northern Sharqiya Municipality closed 48 establishments and confiscated 34 tons of spoiled food, while the Central Governorate continued implementing the strategic planning program in Dhofar, conducting over 24,000 inspection visits.
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