Reported 1 day ago
Oil prices fell after Russia agreed to a temporary halt on attacks against Ukrainian energy infrastructure, following a proposal from U.S. President Trump. While Brent crude futures dropped to $70.37 a barrel, a potential ceasefire may ease sanctions and increase oil supply. However, rising tensions in the Middle East and U.S. tariffs on imports continue to weigh on prices amid fears of recession affecting crude demand.
Source: YAHOO