Middle East Conflict Impact: Oil Prices Stabilize in Asian Trade Amid Ceasefire Talks and US Strikes

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2024-02-05 02:20:24 Oil prices stabilized in early Asian trade on Monday, following sharp falls last week, as attempts at a ceasefire in the Israeli-Palestinian conflict continue and the United States plans further strikes against Iranian-backed groups. Brent oil futures rose 8 cents to .41 a barrel by 0131 GMT, while U.S. West Texas Intermediate oil … Read more