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Oil prices falls 2% on Gaza ceasefire talks, weak Chinese economy

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US Secretary of State Antony Blinken on Monday said the latest diplomatic push by Washington to achieve a ceasefire deal in Gaza was “probably the best, maybe the last opportunity”
US Secretary of State Antony Blinken on Monday said the latest diplomatic push by Washington to achieve a ceasefire deal in Gaza was “probably the best, maybe the last opportunity” and implored all stakeholders to get the agreement over the finish line.
Netanyahu’s office said the prime minister “reiterated Israel’s commitment to the latest American proposal regarding the release of our hostages – taking into account Israel’s security needs.”
China’s economic problems also pressured oil prices, with data last week showing new home prices falling at the fastest pace in nine years.

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