23 Hrs
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الاقتصادية
Oil dips 2% on Iran-US ceasefire hopes
Oil prices dropped by more than 2% at the close of trading on Friday, due to growing hopes of reaching a ceasefire between the United States and Iran. Brent contracts declined by $2.28 to reach $104.32 per barrel, while U.S. crude decreased by $2.20 to $92.41 per barrel. This decline is attributed to expectations that tensions between the two countries will not escalate further.
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