20 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
20 Hrsالاقتصادية
Source: الاقتصادية
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Oil prices continued to fall after losing more than 16% last week—their biggest weekly decline since April 2020—as markets awaited developments in negotiations over the Iran war amid continued attacks in the region. Brent crude fell 0.9% to $97.40 a barrel, while West Texas Intermediate slipped 0.5% to $90.42. US statements varied on the prospects for an agreement and the reopening of the Strait of Hormuz. Despite attacks on ships in the strait, crude exports from the Gulf rebounded, nearing prewar levels, while OPEC production reached 88% of its members’ February output.
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