mniraq - Global oil prices experienced a slight decline in market trading, influenced by hopes for potential diplomatic settlements, yet Brent crude maintained stability near multi-month highs, remaining above the 115-dollar per barrel threshold.
This relative price stability was driven by persistent concerns regarding disruptions in global energy supply chains and ongoing regional tensions affecting shipping and export activities in key production regions.
Economic analysts noted that markets continue to oscillate between geopolitical risk pressures and global demand expectations, keeping prices at relatively high levels compared to previous periods.
