Oil prices rise as Gaza deaths complicate ceasefire talks
Friday, 1 March 2024 Oil prices rose due to complications in Gaza ceasefire talks and deaths of Palestinians. Brent futures reached $82.20, WTI rose to $78.48. Middle East conflict has minimal impact on crude flows. Talks between Israel, Hamas in Qatar remain unresolved. China's manufacturing activity contracted. U.S. inflation in line with expectations. Opec supply increases, Libyan output rises.
A Hamas delegation arrived in Cairo on Sunday to hold ceasefire talks on Gaza, while Israeli forces continued operations. This report produced by Zachary Goelman.
Oil prices surged by more than four percent on Friday following Israel's missile strikes on Iran, amplifying concerns of heightened tensions in the West Asia region. The global benchmark, Brent crude,..
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Israel said on Sunday it had withdrawn more soldiers from southern Gaza, leaving just one brigade, as it and Hamas sent teams to Egypt for fresh talks over a potential ceasefire in the six-month..
Friday, 1 March 2024
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