Brent futures slip as traders monitor Middle East ceasefire
(Il Sole 24 Ore Radiocor) - Milano, 5 mag - Brent futures moved lower but remained firmly above 110 dollars a barrel, as investors faced growing uncertainty over the duration of the ceasefire in the Middle East.
Reports of direct fire between US and Iranian forces in the Strait of Hormuz are threatening the stability of the month-long truce.
At 0850 GMT, crude oil futures were down 1.69 dollars, or.
1.48%, at 112.75 dollars a barrel.
(RADIOCOR) 05-05-26 10:51:56 (0258) 5 NNNN