Middle East Conflict

diplomatic efforts to cool down tensions in the Middle East cause oil prices to drop

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In the trading session on April 8 (Vietnam time), world oil prices started the new week in red while there were expectations of a ceasefire between Israel and Hamas.

Oil prices cool down as the Middle East conflict escalates

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In the trading session on October 21 (Vietnam time), oil prices decreased slightly in the context of expectations of a reduced escalation of the Israel-Hamas conflict, causing less disruption to oil exploitation activities in the Middle East.