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Commodities

Oil Prices Dip as Asian Shares Surge Amid Global Market Gains

Guavy AI Editorial Team
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Oil
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Oil prices dipped on Thursday after recent gains, with Brent crude trading near $95 per barrel.

The dip in oil prices comes after renewed fighting between the US and Iran pushed oil prices sharply higher earlier in the week.

US President Donald Trump said he doesn't expect the US bombing campaign to last 'much longer', which may have contributed to the decline in oil prices.

Meanwhile, Asian shares advanced on Thursday, tracking gains for stocks on Wall Street. The Nikkei 225 rose 0.2%, while the Kospi gained 1.4% and the Hang Seng edged 0.1% higher.

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