Oil Drops as Israel-Lebanon Ceasefire Raises Hopes for Broader Iran Deal
A fragile peace agreement is easing supply fears, but traders aren’t out of the woods yet. Oil prices pulled back Thursday after Israel and Lebanon agreed to implement a ceasefire, lifting market hopes that a wider deal to end the U.S.-Iran war and reopen the Strait of Hormuz could follow. Key Details Brent crude slipped […]
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