Oil Prices Drop 6% on Reduced Middle East Tensions
Oil prices experienced a significant 6% drop on Monday, shedding more than $4 per barrel, following Israel’s weekend airstrike on Iranian military targets that strategically avoided...
Etiket: Geopolitical Risk
Oil Prices Hold Steady as Middle East Tensions Loom
U.S. crude oil prices edged towards a second consecutive weekly gain as geopolitical tensions in the Middle East heightened market uncertainty. Israel’s expected retaliation against Iran,...