5 Hrs
Source:
وكالة الأنباء القطرية
Oil drops as US-Iran ceasefire prospects
Oil prices saw a slight decline in Asian markets, amid continued optimism about the possibility of reaching a ceasefire between the United States and Iran. Brent crude dipped by 74 cents to $105.85 per barrel, while West Texas Intermediate fell by 81 cents to $93.80. The previous day, oil prices had risen—Brent increased by 3.4%, and West Texas Intermediate by 2.7%—driven by hopes of easing tensions between the world's largest oil producers.
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