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Pakistan deported Afghans waiting for US resettlement: Sources
Tuesday, 26 December 2023
Oil steadied on Tuesday, supported by geopolitical tensions in the Middle East and investor optimism for US Federal Reserve rate cuts. Maersk's restart of shipping routes through the Red Sea alleviated supply concerns. Brent crude futures slipped, while US West Texas Intermediate crude fell. The lack of oil supply disruptions offset the support from ongoing geopolitical tensions. Hapag-Lloyd will decide on its Red Sea routes after suspending shipments. Two explosions occurred in the Red Sea, following sightings of unmanned aircraft.
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