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Oil Prices Slip Despite New Attacks Across the Middle East

Crude oil prices ticked lower today on reports that oil tankers were still passing through the Bab el-Mandeb Strait, despite information…

Source OilPrice AI Summary Updated 1h 57m ago
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Crude oil prices ticked lower today on reports that oil tankers were still passing through the Bab el-Mandeb Strait, despite information about renewed strikes between the U.S. and Iran, and a drone attack on a tanker in an Egyptian port. At the time of writing, Brent crude was trading at $89.46 per barrel, with West Texas Intermediate at $83.54 per barrel,…

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