
Jul 30, 2026
✦CNA
Oil prices slip as tankers continue to ply Middle East conflict zones
Oil prices fell on Thursday as tankers continued to move through Middle East conflict zones. Brent futures fell US$1.29 to US$89.45 a barrel. Analyst Tony Sycamore said, "Oil continues to leak out of the region through multiple channels." Many ships used alternative routes, easing worries about global oil supply chains.