Oil Futures Drop Over 2% Amid Ceasefire Optimism for Israel-Hezbollah Conflict

Reported about 10 hours ago

Oil futures fell by more than 2% following reports that a ceasefire agreement may have been reached between Israel and Hezbollah. West Texas Intermediate prices dropped about 3% to $68.94 per barrel, while Brent crude fell over 2% to $73.01. The decline coincided with statements from US officials citing potential ceasefire terms, although no official announcement was made by either side.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis