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Oil prices ease as aid convoys arrive in embattled Gaza Strip

IndiaTimes Monday, 23 October 2023
Oil prices dipped as aid convoys arrived in Gaza, reducing concerns of a wider conflict in the oil-rich Middle East. Brent crude futures dropped to $91.56 a barrel, and US West Texas Intermediate crude futures fell to $87.47 a barrel. The fear of potential supply disruptions due to the Israel-Hamas conflict had caused prices to rise over the past week. The US has also suspended sanctions on Venezuela to ease supply pressure caused by output cuts from OPEC and its affiliates.
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Video Credit: Oneindia - Published
News video: Gaza War: India sends humanitarian aid to Palestine after hospital attack | Israel War | Oneindia

Gaza War: India sends humanitarian aid to Palestine after hospital attack | Israel War | Oneindia 02:06

India on Sunday sent humanitarian aid to strife-torn Palestinians in the Gaza Strip amid the war between Hamas and Israel. Nearly 6.5 tonnes of medical aid and 32 tonnes of disaster relief material have been sent to Palestine, which will reach the country via Egypt. #Gaza #GazaHumanitarianAid...

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