Oil prices drop on easing fears over Middle East, most markets rise

Oil prices drop on easing fears over Middle East, most markets rise …C0NTINUE READING HERE >>>

Crude prices dropped after a report said Israeli Prime Minister Benjamin Netanyahu had pledged not to hit Iran’s oil infrastructure in retaliation for a missile strike on his country.
Photo: SPENCER PLATT / GETTY IMAGES NORTH AMERICA/Getty Images via AFP
Source: AFP

Oil prices extended losses Tuesday after a report said Israeli Prime Minister Benjamin Netanyahu had told US President Joe Biden he would not strike Iran’s crude or nuclear facilities in retaliation for a missile attack earlier this month.

The sell-off came as the commodity is hit by worries about China’s economic outlook…

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