Oil drops as Strait of Hormuz talks advance
Oil prices declined amid optimism about the possibility of opening the Strait of Hormuz, following Iranian statements indicating that they forced the enemy to retreat and settle for only opening the strait. At the same time, gold prices rose to their highest levels amid these hopes. On the other hand, Israeli occupation violations in Gaza continue, with reports of more than 20,000 children martyred and injuries caused by bombings, amidst media coverage attempting to downplay the crimes.
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