1 Day
Source:
الثورة
Source: الثورة
1 Dayالثورة
Source: الثورة
1 DayReady to play
Ready to play
Oil prices dropped by approximately 3% to their lowest levels in a week, despite the new U.S. sanctions on Iran. Traders considered these sanctions to have a weak impact, while military escalation posed a greater risk to oil supplies than economic pressure. Brent crude prices fell to $89.42 per barrel, and West Texas Intermediate to $82.34, amid growing concerns over potential disruptions in the Strait of Hormuz, through which about 20% of global oil shipments pass. These worries are fueled by deteriorating vessel movements and Iran’s insistence on responding to the sanctions.
Notice: This Is an AI-Generated Summary
Comments (0)