BusinessAI imageOil Prices Fall as China Urges Iran to Control Houthis
Oil prices declined on Thursday following reports that China is urging Iran to rein in the Houthis after a Saudi appeal. The drop was also influenced by Saudi Arabia offering extra crude shipments via Oman, easing Middle East supply concerns. Additionally, a smaller-than-expected draw in U.S. crude inventories added downward pressure on prices.
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