15 Hrs
Source:
الاقتصادية
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Brent drops as Iran-Pakistan talks assessed
Oil prices fell at the close after reaching a five-month high, with Brent contracts dropping to $108.79 per barrel and US contracts to around $101.79. This comes amid market assessments of a meeting between the Iranian president and the Pakistani military leader, as regional tensions and attacks on vessels impact the risks associated with oil supplies, amidst ongoing tensions between Iran and the United States. Despite the price decline, the market remains supported due to continued fears over regional stability, along with increasing concerns about deteriorating regional conditions and their impact on energy supplies.
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