Oil prices slump as US and Iran pause strikes
AI Summary
Oil prices declined as strikes between the US and Iran have paused, leading to a temporary easing of tensions in the Middle East. However, experts caution that the underlying situation remains unresolved.
"Although the situation in the Middle East has calmed, it has not been resolved," said XTB research director Kathleen Brooks.
World Security Markets Commodities Energy oil prices US Iran Middle East strike pause energy markets