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Tag Archives: Gaza

Oil prices dip as Middle East ceasefire calms supply fears 

On Tuesday, oil prices declined as Israel agreed to a proposal aimed at resolving disputes hindering a Gaza ceasefire, alleviating concerns over potential supply disruptions in the Middle East. WTI eased 2.2%, closed at 73.80 yesterday.  U.S. Secretary of State Antony Blinken announced that Israeli Prime Minister Benjamin Netanyahu had accepted a “bridging proposal” from […]