Oil prices continue to fall: Brent crude trades at $85

Brent crude oil prices have fallen to $85 per barrel amid de-escalation of the conflict between the US and Iran. The decline may ease the rise in fuel prices in Israel, which was previously expected to be more than 30 agorot per liter.

Brent crude oil prices continue to decline, reaching around $85 per barrel. The drop occurs amid de-escalation of the military conflict between the US and Iran. Earlier last week, the price reached $100. The decline in oil prices will affect fuel prices in Israel, which will be announced in the coming days. Initially, a price increase of more than 30 agorot per liter of 95-octane gasoline was expected, but now the rise may be moderated.