Oil Prices Drop As Middle East Conflict Nears 50-Day Mark

Oil prices retreated after US President Donald Trump struck a more optimistic note on the prospects of a lasting ceasefire with Iran, offering markets a breather after weeks of turbulence. Brent crude eased toward $98 a barrel, while US benchmark West Texas Intermediate hovered near $93, reversing part of the previous session's sharp gains.

The pullback followed Trump's assertion that Tehran had signalled willingness to accept terms it has long resisted, including reopening the strategically critical Strait of Hormuz. However, Iranian authorities have yet to publicly confirm any such concessions, leaving traders wary.

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Видео Oil Prices Drop As Middle East Conflict Nears 50-Day Mark канала NDTV Profit