Oil Prices Drop Amid Middle East Tensions | Business and Finance News

Oil prices took a sharp dive this week after a spike fueled by Middle East tensions, with Brent crude falling to $92.27 and WTI to $84.83 — a relief for inflation-fighting traders who’re now betting a 36% chance the Fed might hike rates again, even as global supply fears linger and the Strait of Hormuz remains a volatile flashpoint. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6415eff48dfee520