Oil Prices Dip Amid Hopes of Non-Escalation Between Iran and Israel

Today, oil prices fell as markets reacted to the expectation that the recent Iranian attack on Israel would not escalate into a wider Middle Eastern conflict. In the afternoon, Israel’s indication of a potential retaliatory response somewhat offset the decline, possibly reshaping future market dynamics. West Texas Intermediate (WTI) for May dropped by 0.29% to […]

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