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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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