Oil Prices Fluctuate Amid Fed Meeting and Middle East Conflict

Reported about 17 hours ago

As the U.S. Federal Reserve prepares for a policy decision, oil prices are experiencing volatility due to the ongoing Israel-Iran conflict, although they remain contained below $75 per barrel. Markets are weighing potential supply disruptions against the Fed's expected interest rate indications. Global energy dynamics and investor positioning are being influenced by heightened tensions, with central banks reportedly reducing their exposure to U.S. securities amidst ongoing discussions about 'de-dollarization'.

Source: YAHOO

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