Market concerns over the ceasefire situation in the Middle East have led international oil prices to rebound close to 100 dollars
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Investors are concerned about the sustainability of the ceasefire in the Middle East, while the Strait of Hormuz in southern Iran remains blocked, leading to a rebound in international oil prices, approaching $100 per barrel. As of 6:20 AM Eastern Time, the May delivery price of West Texas Intermediate crude oil on the New York Mercantile Exchange rose by $4.66 to $99.07 per barrel; the June delivery price of Brent crude oil in London increased by $3.48 to $98.25 per barrel
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