Crude Oil prices fall after US-Iran ceasefire deal
Global crude oil prices fell after the US-Iran ceasefire deal, with Brent crude slipping 1.12% to $78.66 per barrel, easing inflationary pressures worldwide.
 
The reopening of the Strait of Hormuz is expected to restore oil flows and stabilize energy markets. Prices had previously spiked above $120 during the conflict.

By Nirvay

Leave a Reply

Your email address will not be published. Required fields are marked *