WS #10759
Oil prices falling sharply (WTI -2%, Brent -2.6%) with strategist predicting further declines into 2027 and OPEC cracks threatening sub-$50 oil. UAE pushes for adherence to US-Iran deal and maritime security; Hezbollah demands unconditional Israeli withdrawal; Israel violates Lebanon ceasefire with airstrike.
Oil Price Decline and OPEC Cracks
Oil prices falling sharply (WTI -2%, Brent -2.6%) with strategist predicting further declines into 2027 and OPEC cracks threatening sub-$50 oil.
UAE pushes for adherence to US-Iran deal and maritime security; Hezbollah demands unconditional Israeli withdrawal; Israel violates Lebanon ceasefire with airstrike.