Middle East crisis: Oil slides, gold & silver rise on US move to end conflict

Mar 26, 2026 - 02:30
Middle East crisis: Oil slides, gold & silver rise on US move to end conflict

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Oil prices dropped significantly on Wednesday. This followed a US proposal to Iran and a slowdown in regional hostilities. Brent crude fell 3%. Gold and silver prices saw a substantial increase. This rally in precious metals reflects reduced fears of energy supply disruptions and potential inflation.

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