16 Hrs
Source:
الخليج
Oil dips below 110 dollars
Oil prices have declined significantly, with Brent crude dropping to $109.06 per barrel after reaching its highest level since May at $110.70. West Texas Intermediate (WTI) lost about 0.33%, falling to $103.32. This decline comes amid concerns over disruptions to Middle Eastern supplies due to Houthi attacks in Yemen and Saudi Arabia, which targeted oil facilities and two airports, heightening fears over energy supply stability. Prices remain above $100 per barrel, despite rising geopolitical tensions, even as Trump eases sanctions on Russia and Russian oil production has seen a slight increase.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)