Oil prices down over 4%
09:10, 25 May 2026
Oil prices decreased amid growing concerns that continued restrictions on oil shipping through the Strait of Hormuz will affect global economic growth, Qazinform News Agency cites WAM.
Brent crude futures dropped 4.71 US dollars, or 4.55%, to 98.83 US dollars a barrel by 2234 GMT, while US West Texas Intermediate stood at 92.03 US dollars a barrel, down 4.57 US dollars, or 4.73%.