Oil Prices Plummet Over $2 Amid Iraqi-Kurdish Export Deal
The Hindu
Oil prices dropped over $2 per barrel as Iraq and Kurdish authorities agreed to resume exports via Turkiye, providing temporary relief amid ongoing tensions.
Oil prices fell over $2 as Iraq and Kurdish authorities reached an export deal.
Brent crude settled at $101.16, while WTI dropped to $93.22.
Iraq aims to pump 100,000 barrels per day through Ceyhan port.
Ongoing Iran conflict continues to disrupt oil exports significantly.