20 Hrs
Source:
مباشر
_1777294237270_124456903.png&w=48&q=75){kind=small}
Oil drops as Hormuz traffic looms
Oil prices decreased today amid anticipation of renewed crude flows through the Strait of Hormuz. Brent crude settled at $77.70 per barrel, while West Texas Intermediate reached $73.74. This followed a sharp decline of over 3% yesterday, after Washington granted Iran a 60-day waiver from sanctions and two tankers carrying around two million barrels passed through the strait, reflecting a recovery in shipping activity. Nevertheless, markets remain cautious due to tensions between the United States and Iran, and U.S. oil inventories dropping to their lowest level since 1983.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)