Oil prices changed after news from the Middle East.
26.11.2024
2944
Journalist
Shostal Oleksandr
26.11.2024
2944
Oil prices plummeted after Axios reported an agreement between Israel and Lebanon to cease hostilities with 'Hezbollah'.
Brent crude prices fell by $1.34 (or 1.78%) to $73.83 per barrel, according to Reuters. There was also a decline in West Texas Intermediate (WTI) oil prices by $1.44 (or 2.02%) to $69.80 per barrel, as reported by Economic Truth.
Israel announced its intention to cease fire in the conflict with 'Hezbollah', but the matter is still unresolved.
Lebanese officials expressed cautious optimism, but they have doubts regarding Israeli Prime Minister Benjamin Netanyahu.
Read also
- Fuel Crisis in Crimea: Expert Warns of Consequences for Russia
- Polish Customs Blockade Forces Mass Return of Ukrposhta Trucks
- The $40 Billion Price Tag of America's War with Iran: How It Hit U.S. Households
- War Risk Property Insurance Now Available in Ukraine: Payouts and Compensation Explained
- EU to Disburse First €3.2 Billion Loan Tranche to Ukraine: Here’s When the Funds Arrive
- Fuel Prices Expected to Keep Dropping: A-95 Gasoline Could Fall to 55 UAH Per Liter
