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شبكة فلسطين الإخبارية
Oil drops as gold rises worldwide
Oil prices declined for the fourth consecutive day, with Brent crude and West Texas Intermediate both dropping by 0.7%. This comes amid expectations that Iran and Qatar might reopen the Strait of Hormuz, which could ease supply disruptions related to the ongoing Middle East conflict. Meanwhile, gold prices rose after falling more than 1% in the previous session, as markets awaited statements from the U.S. Federal Reserve chair regarding monetary policy scheduled for Friday.
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