Reported about 5 hours ago
Oil prices experienced a rebound following a previous decline, as traders evaluated President-elect Trump's potential tariffs and the prospects of a cease-fire agreement between Israel and Hezbollah. Brent crude traded above $73 a barrel after overcoming earlier losses, influenced by geopolitical risk factors and the fluctuating dollar. Analysts caution that while progress seems promising, an agreement is not guaranteed, and ongoing market assessments are crucial in determining future price movements.
Source: YAHOO