8 minutes agoOil prices drop after US-Iran Agreement signing
Periskopi(4 hours ago)
(4 hours ago)Oil prices on international markets dropped significantly Thursday after the United States and Iran signed a temporary agreement to end the conflict, restarting a falling trend that was temporarily interrupted by President Donald Trump's warning.
According to market data, Brent curde (the reference oil for Europe) dropped by $1.3, or 1.9%, reaching $78.02 per barrel at 13:26 GMT.
After several days of continuing decline, oil prices had a brief increase Wednesday, temporarily exceeding over $81 per barrel, writes Rtsh.alReport the clancosova.tv.
This climb came after President Trump warned that the US could be “returned immediately to the drop of” on Iran if the latter “is not properly handled”.
However, the signing of the interim peace agreement between Washington and Tehran turned calm into markets, lowering fears of a further escalation of the conflict in the Middle East a key area for oil production and transport.
