Oil prices retreated in Thursday’s trading after Israel and Hamas reached a Gaza ceasefire and hostage release deal following 15 months of war. According rto Qatari Prime Minister Sheikh Mohammed bin Abdul Rahman Al Thani, the agreement will come into effect on Sunday if approved by the Israeli cabinet. Brent crude for March delivery was down 0.80% to trade at $81.37 per barrel at 1:01 pm ET, while WTI crude pulled back 1.39% to change hands at $78.93. Maritime security officials now expect the Houthi militia to announce a halt…
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