1 Day
Source:
وكالة صدى نيوز
Brent drops below $102 amid Iran conflict
Oil prices have fallen for the fourth consecutive day, amid ongoing hopes for a diplomatic settlement to end the war between the United States and Iran. The shipments continue to pass through the Strait of Hormuz with high activity. Brent crude has declined to around $101, while West Texas Intermediate has dropped to approximately $98. Military officials have confirmed that oil flows through the waterway remain intense despite the high security risks. These declines come amid expectations that oil prices will stabilize around the $100 mark, as geopolitical tensions and the impacts of the war continue to affect global energy supplies.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)