10 Hrs
Source:
المشهد العربي
U S oil prices drop as Strait of Hormuz reopens
American oil prices declined amid the resumption of navigation through the Strait of Hormuz and the return of oil supplies to the markets following a peace agreement between the United States and Iran. Brent crude oil traded at $79.72 per barrel, while West Texas Intermediate (WTI) fell to $76.33. Meanwhile, the number of drilling platforms in the United States remained steady after seven weeks of increase. However, Israeli military operations against Hezbollah raise concerns about the sustainability of the peace agreement.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)