Oil gains amid Middle East peace hopes
Oil prices slightly increased today amid cautious optimism about the potential resolution of the crisis between the United States and Iran. West Texas Intermediate futures reached $68.93 per barrel, up by 0.35%, while Brent futures rose to $72.19 per barrel, an increase of 0.54%. This comes after both indices hit their lowest levels since before the outbreak of the American-Israeli war against Iran in February 2026, with market expectations improving if peace efforts are confirmed on the ground.
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