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Oil Prices Fall on Ceasefire Hopes, Trump War Power Limits

MatichonInternational

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Key Entities

Organization

Reuters(รอยเตอร์)ℹ️
News agency reporting on oil price fluctuations and geopolitical events.
U.S. House of Representatives(สภาผู้แทนราษฎรสหรัฐ)ℹ️
Legislative body that voted to limit the President's war powers.
U.S. Energy Information Administration (EIA)(สำนักงานสารสนเทศด้านพลังงานของสหรัฐ (EIA))ℹ️
Agency that released data on U.S. crude oil inventory levels.
Haitong Futures
Company providing a market forecast on future oil price trends.

Place

Israel(อิสราเอล)ℹ️
Country involved in a ceasefire agreement with Lebanon impacting Middle East peace and oil markets.
Lebanon(เลบานอน)ℹ️
Country involved in a ceasefire agreement with Israel impacting Middle East peace and oil markets.
Iran(อิหร่าน)ℹ️
Country whose prior attack on Kuwait contributed to previous oil price increases.
United States(สหรัฐ)ℹ️
Country whose oil inventory data and military actions in the Strait of Hormuz affect global oil prices.
Strait of Hormuz(ช่องแคบฮอร์มุซ)ℹ️
Strategic waterway where U.S. military actions previously influenced oil prices.

Person

Donald Trump(โดนัลด์ ทรัมป์)ℹ️
U.S. President whose war-making powers were targeted by a vote in the House of Representatives.