Oil Drops Below $75 After U.S. Strikes Iran

📡 ™Xinhua English RSS yesterday · 1 min read ·

Part of composite article Oil Prices Crash Below $75 as Gulf Shipping Roars Back to Life View full article →

Brent crude oil prices fell below $75 per barrel for the first time since the United States launched strikes against Iran. The drop marks a significant shift in energy markets, which had previously surged on fears of supply disruptions. Analysts attribute the decline to easing concerns about immediate conflict escalation in the Middle East.