Oil Prices Decline as Investors Seek Direction Following Ceasefire Between Iran and Israel
4 Articles
4 Articles
Fragile ceasefire eases market concerns, but blockade of Strait of Hormuz continues to threaten global energy flows
Oil falls as investors await clarity after Iran-Israel halt attacks
SINGAPORE: Oil prices fell on Tuesday, erasing most of the previous session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities. Brent crude futures were down 91 cents, or 1%, at $93.34 a barrel at 0400 GMT, while U.S. West Texas Intermediate declined $1.13, or 1.2%, at $90.17 a barrel. Prices climbed as much as 5% i…
Oil Prices Decline as Investors Seek Direction Following Ceasefire Between Iran and Israel
On Tuesday, oil prices experienced a decline, reversing much of the gains made in the previous trading session. This decrease followed announcements from Iran and […] The post Oil Prices Decline as Investors Seek Direction Following Ceasefire Between Iran and Israel appeared first on FINANCIAL CHRONICLE.
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