Oil Prices Plummet Amid Middle East Production Surge
Oil prices have dropped due to an increase in Mideast crude production, which has reached 98% of pre-war levels.
This development is significant as it indicates a near-full recovery in oil output from the region.
The news comes as Manchester City Football Club faces financial scrutiny after being found guilty of breaching UEFA's Financial Fair Play regulations by exceeding a $1.2 billion expenditure threshold.