2 Days
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CNN Arabic
Source: CNN Arabic
2 DaysCNN Arabic
Source: CNN Arabic
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Oil prices have decreased significantly, with Brent falling by 3.9% to reach $84 per barrel, and West Texas Intermediate dropping by 4.8% to around $81. This followed Trump's announcement of a final agreement with Iran. This agreement could lead to increased shipping through the Strait of Hormuz, which has remained closed since the start of the war, potentially pushing oil prices up to $100-150 and gasoline to $5 per gallon. At the same time, U.S. stock markets rose amid expectations of energy price volatility.
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