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Oil little changed after death of Iran's president, Saudi king's ill health

IndiaTimes Monday, 20 May 2024
Oil prices remained stable on Monday due to political uncertainty in key oil-producing nations. This uncertainty arose after the president of Iran passed away in a helicopter crash, and the crown prince of Saudi Arabia postponed his visit to Japan due to his father, the king's, health. Brent's price decreased by 24 cents to $83.74 per barrel by 0958 GMT.
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Video Credit: Oneindia - Published
News video: Raisi Chopper Crash Foul Play Or Technical Glitch?: Speculations Rise On Iran’s President’s Death

Raisi Chopper Crash Foul Play Or Technical Glitch?: Speculations Rise On Iran’s President’s Death 03:29

A Bell 212 helicopter carrying Iran's president and foreign minister crashed on Sunday, according to Iranian state media, as it flew through mountains in heavy fog. The tragic crash claimed the lives of the Iranian President Ebrahim Raisi, Foreign Affairs Minister Amir Abdollahian and other officials...

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