yesterday at 09:05 News

Oil Prices Plunge as US-Iran Tensions Ease

Oil Prices Plunge as US-Iran Tensions Ease
Prague
17°
Partly cloudy
Exchange rate
EUR 24,19
USD 21,28
Petrol / Diesel41,84 · 42,63 Kč

Popular

Apocalyptic Wildfires in France: Flames Engulf 42,000 Hectares, Czech Helicopter Sent to Help

South Bohemian Vet Also Spots Mysterious Black Predator in the Forest

Russians Are Again Flocking to Armenia — Fearing a New Wave of Mobilization

Realtor Associations Ask Regulator to Investigate Bezrealitky Over "Misleading" Advertising

Slovak Interior Minister Paid Cash for Luxury Dubai Hotel and Grand Prix Tickets — Police Found No Wrongdoing

Brent crude tumbled roughly 5.8%, falling to around $91.2 a barrel, while US West Texas Intermediate dropped about 5.6% to near $84.3 a barrel.

According to CBS News, citing informed sources in the region, the US and Iran have paused mutual airstrikes in the Middle East — a development that coincided with talks by an Omani delegation in Tehran aimed at reopening the Strait of Hormuz, a key maritime route for oil exports from Gulf states.

Last week, Brent crude broke above the psychologically significant $100-a-barrel mark for the first time since May, driven by the ongoing conflict in the Middle East. On Friday, prices dropped sharply after reports emerged that China is trying to help revive peace talks between the US and Iran. Even so, Brent still ended last week up nearly 10%.

Source: novinky.cz

Share: Telegram VK WhatsApp

Related news

Scientists record rise in dust pollution across Europe — Czechia among study contributors

Scientists record rise in dust pollution across Europe — Czechia among study contributors

A new study shows dust pollution in Europe is increasing, posing a growing threat to air quality and public health. In southern Europe, transported dust accounted for an average
MP Turek fined 200,000 crowns for unauthorized construction at his Prague cottage

MP Turek fined 200,000 crowns for unauthorized construction at his Prague cottage

Czech MP Filip Turek of the Motoristé party has been found guilty of two administrative offenses over illegal construction on his property in Prague's Dubeč district, per a ruling from the Praha 15 building office
MP Turek fined 200,000 crowns for unauthorized construction at his Prague cottage

MP Turek fined 200,000 crowns for unauthorized construction at his Prague cottage

Czech MP Filip Turek of the Motoristé party has been found guilty of two administrative offenses over illegal construction on his property in Prague's Dubeč district, per a ruling from the Praha 15 building office
Young politician from the

Young politician from the "Our Czechia" movement: young people are most afraid for the fate of democracy in the country

Jan Lexa, a 19-year-old law student from České Budějovice and co-author of the "Our Czechia Seeks Talent" project, discussed in an interview the new approach taken by the "Our Czechia" movement to selecting young politicians, as well as his concerns about the state of Czech democracy.
Young politician from the

Young politician from the "Our Czechia" movement: young people are most afraid for the fate of democracy in the country

Jan Lexa, a 19-year-old law student from České Budějovice and co-author of the "Our Czechia Seeks Talent" project, discussed in an interview the new approach taken by the "Our Czechia" movement to selecting young politicians, as well as his concerns about the state of Czech democracy.
Slovak Defence Minister Shows Off Lavish New Office: 200,000-Crown Kitchen and 3.3-Million-Crown Moss Wall

Slovak Defence Minister Shows Off Lavish New Office: 200,000-Crown Kitchen and 3.3-Million-Crown Moss Wall

Slovak Defence Minister Robert Kaliňák gave journalists a tour of the new ministry building, which the department plans to move into by the end of August. According to the minister, the total cost of the renovation came to around 53 million euros (roughly 1.3 billion Czech crowns), with furnishings ...
Slovak Defence Minister Shows Off Lavish New Office: 200,000-Crown Kitchen and 3.3-Million-Crown Moss Wall

Slovak Defence Minister Shows Off Lavish New Office: 200,000-Crown Kitchen and 3.3-Million-Crown Moss Wall

Slovak Defence Minister Robert Kaliňák gave journalists a tour of the new ministry building, which the department plans to move into by the end of August. According to the minister, the total cost of the renovation came to around 53 million euros (roughly 1.3 billion Czech crowns), with furnishings ...
Your mobile phone doesn't attract lightning: expert debunks the myth and explains how to stay safe during a storm

Your mobile phone doesn't attract lightning: expert debunks the myth and explains how to stay safe during a storm

Lightning protection expert Jiří Kutáč has debunked the widespread belief that a mobile phone in your pocket can attract lightning during a storm, and offered advice on how to behave properly, both outdoors and at home, to avoid being struck.
Your mobile phone doesn't attract lightning: expert debunks the myth and explains how to stay safe during a storm

Your mobile phone doesn't attract lightning: expert debunks the myth and explains how to stay safe during a storm

Lightning protection expert Jiří Kutáč has debunked the widespread belief that a mobile phone in your pocket can attract lightning during a storm, and offered advice on how to behave properly, both outdoors and at home, to avoid being struck.
Official's Car Set on Fire — Now Town Hall Demands He Apologize, or Face Court

Official's Car Set on Fire — Now Town Hall Demands He Apologize, or Face Court

In Hluboká nad Vltavou (South Bohemia), opposition local councillor Martin Weber of KDU-ČSL, whose car was deliberately set on fire back in February, now finds himself threatened with a lawsuit — this time from the town's ruling coalition.
Official's Car Set on Fire — Now Town Hall Demands He Apologize, or Face Court

Official's Car Set on Fire — Now Town Hall Demands He Apologize, or Face Court

In Hluboká nad Vltavou (South Bohemia), opposition local councillor Martin Weber of KDU-ČSL, whose car was deliberately set on fire back in February, now finds himself threatened with a lawsuit — this time from the town's ruling coalition.
Ex-Minister Dlouhý: Europe is losing competitiveness and won't return to global leadership

Ex-Minister Dlouhý: Europe is losing competitiveness and won't return to global leadership

Former Czech Industry and Trade Minister Vladimír Dlouhý says the EU has been losing ground to the US and China for decades, with India, Indonesia and Brazil now joining the race too. According to him, reversing this trend is now practically impossible, but slowing the decline is still achievable.