Reported about 15 hours ago
Oil prices continued to decline as concerns over the global trade war and its impact on demand deepened amid signs of economic strain in the US. Brent crude neared $65 per barrel, reflecting the largest monthly drop since 2021, due to escalated tariffs by the Trump administration and OPEC’s production plans. Meanwhile, discussions between the US and Iran may hint at potential easing of restrictions on Iranian oil, providing a glimmer of hope in a tense geopolitical landscape.
Source: YAHOO