Fuel Prices Expected to Fall Following US-Iran Agreement
Fuel prices are anticipated to fall, with oil slumping to its lowest price since the US-Iran conflict, following a new agreement between the two nations. Experts expect a de-escalation of prices for consumers.
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Fuel prices expected to fall further
The preliminary agreement between the United States and Iran is expected to lead to further reductions in fuel prices, the energy ministry said on Monday. “There was a de-escalation in both crude oil prices and refinery prices,” consumer protection service director Constantinos Karagiorgis said. According to ministry data, the average price of unleaded 95 petrol […]
Read full article →Oil slumps to lowest price since US-Iran conflict
•As cease fire deal eases supply fears By Yinka Kolawole, with agency report Oil prices fell sharply on Thursday, dropping to their lowest levels since the outbreak of the US-Iran conflict, as an interim agreement between the United States and Iran improved prospects for global crude supply. According to Reuters, Brent crude futures declined by $1.53, […] The post Oil slumps to lowest price since US-Iran conflict appeared first on Vanguard News.
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