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Brent crude oil at around 100 dollars

March 25, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
AL24 | الاقتصاد

Crude oil prices fell today, Wednesday, after several consecutive days of increase, in the context of military escalation in the Gulf and the Middle East. Before noon, the benchmark Brent crude oil for May delivery dropped by 5.42% compared to the previous session, trading close to 100 dollars. The U.S. West Texas Intermediate crude for the same month also fell by 5.39% to 87.37 dollars per barrel. Global markets were affected by U.S. statements regarding a potential peace plan, with hopes surrounding the possibility of halting military escalation in the Middle East and the Gulf, leading to a decline in oil prices.

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