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Oil prices stabilize near $93 as Trump vows to take control
9 articles |
Updated 5d ago |
Created 5d ago
Brent crude oil fell more than six percent in European morning trading, settling around ninety-three dollars per barrel following a sharp drop yesterday triggered by President Donald Trump's announcement that he intends "to assume control" over the strategic Strait of Hormuz.
Key Points
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1International oil prices dropped significantly after President Donald Trump promised an imminent end to the conflict in Iran and broader Middle East tensions.
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2The Brent crude benchmark fell more than 6% during market opening, trading around $90-$92 per barrel following a sharp spike yesterday that reached over $115.
Developments
Mar 13
Perspectives
Los precios internacionales del petróleo retroceden y los mercados se recuperan ante la promesa de un final cercano del conflicto en Medio Oriente por parte del presidente estadounidense Donald Trump.
— (Eldiariodemadryn)El precio del barril de Brent cae más del 8% hasta situarse cerca de los 91 dólares, tras disparar la víspera debido a una escalada bélica en Oriente Medio que alcanzó un máximo histórico.
— (Lazon.es)