Key News on U.S.-Iran Conflict
Central News Report
(Central News Agency, Hong Kong, 18th – compiled international wire reports) The United States and Iran have signed a ceasefire memorandum, restoring navigation through the Strait of Hormuz. International crude oil prices fell over 1% today, continuing a downward trend since the agreement was announced over the weekend. Since last week, the two major global crude oil benchmarks have both dropped more than 15%.
According to AFP, West Texas Intermediate (WTI) crude oil fell 1.7%, closing at $75.47 per barrel, while Brent North Sea Crude declined 1.4%, settling at $78.42 per barrel. (Translated by: Zhang Mingxuan) 1150618
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- Source: CNA (Central News Agency)
- Category: Taiwan