Oil Prices Dip as Red Sea Tensions Ease and Markets Watch Trump’s Return
Oil prices fell on Thursday, with Brent crude sliding 1.29% to $80.97 and U.S. WTI dropping 1.87% to $78.54. The decline was largely attributed to expectations of a reduction in Houthi attacks in the Red Sea following reports of a Gaza ceasefire, which could ease shipping disruptions that have forced vessels onto longer, costlier routes … Read more