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المشهد العربي
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المشهد العربي

2026-07-09T11:50:22.000Z

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Oil Prices Decline Amid New Assessments of Supply Routes

Oil Prices Decline Amid New Assessments of Supply Routes

The price of a barrel of oil decreased by 0.70%, closing at $77.47, amid concerns about the impact of recent US military strikes on targets inside Iran and regional tensions, which limit the chances of a price increase in the near term. Additionally, Nymex futures declined by 0.55% to $73.07 per barrel, amid assessments of risks related to the Strait of Hormuz and navigation activities in the region.

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