Oil Prices Drop as U.S. Postpones Decision on Iran Involvement

Reported about 10 hours ago

Oil prices fell on Friday, remaining on track for a third-straight weekly rise, after the U.S. delayed a decision on its involvement in the Israel-Iran conflict. Brent crude futures declined by about 2% to $77.28 a barrel, while West Texas Intermediate crude rose slightly to $75.66. This volatility followed recent gains prompted by ongoing military actions between Israel and Iran, with analysts warning that escalation could significantly impact oil supply and prices.

Source: YAHOO

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