Price of Brent crude oil fell by about 9 percent to reach $70 per barrel
Singapore: After the ceasefire announcement between Iran and Israel, crude oil prices have fallen sharply in the global market.
After the ceasefire announcement between Iran and Israel, the price of Brent crude oil in the global market fell by about 9 percent to reach $70 per barrel.
According to the report, the price of WTI crude oil in the global market has decreased by 7.22 percent to $68.51 per barrel.
It is pertinent to note that a few hours ago, US President Donald Trump announced a ceasefire between Iran and Israel.
Iran has started implementing the ceasefire from 9:00am according to Pakistan time, and Israel has also opened its airspace.
In addition, US President Trump has also appealed to the parties not to violate the ceasefire.
The crypto Clarity Act returns to the Senate this week. The banks are already trying to kill it.
- 4 hours ago
Iranian President praises Pakistan’s role in ceasefire during meeting with Mohsin Naqvi
- a day ago
Canon’s latest EOS R6 camera goes V for video
- 13 hours ago
2nd Test: Bangladesh bowled out for 390 in second inning, Pakistan set 437-run Victory target
- 2 hours ago
Gaza-bound flotilla says Israeli forces intercepting fleet near Cyprus
- 3 hours ago
Alexa is moving into Amazon.com
- 13 hours ago
Moon sighting sommittee meeting underway to decide Eid ul Adha date in Pakistan
- a day ago
Zil Hajj moon sighted in Pakistan, Eid ul Adha to be celebrated on may 27
- 21 hours ago
Pakistan Army warns India:Any attempt to erase a nuclear state will have mutual consequences:Ispr
- a day ago
IG FC North Balochistan visits Dera Bugti and Jhal Magsi, meets families of martyrs
- a day ago
Govt grants relaxation regarding business operating hours across country
- 2 hours ago
Gold prices surge in Pakistan, global markets
- 3 hours ago
