Oil Prices Retreat as Middle East Tensions Subside
Monday, 22 April 2024, 12:18
Oil prices slipped on Monday morning
Oil prices retreated as concerns eased over potential disruptions in supply due to geopolitical tensions in the Middle East. The market moved its attention towards inflation and the expected interest-rate cuts by the Fed.
Investors cautious amid geopolitical shifts
- Geopolitical tensions in the Middle East eased
- Market focus shifted to inflation and Fed's rate cuts
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