www.g4media.ro/barilul-de-petrol-a-coborat-sub-90-
Oil prices continued to decline, with Brent crude falling below $90 for the first time since August. This drop follows President Trump's comments downplaying the need for military action against Iran, easing concerns about supply disruptions. Analysts note that while military escalation seems unlikely, the situation remains tense. Brent crude was priced at $90.48, down 2.26% from the previous close, while West Texas Intermediate fell to $85.04. Prices have decreased approximately 22% since late October, reflecting reduced fears of intensified conflict. Analysts predict an average price of $77 per barrel by 2027 if tensions remain stable.
Fact-check this story: paste the text or link into Justificat.ro and get a verdict with the sources consulted.