Global oil prices declined

Baghdad Oil prices fell sharply on Wednesday, with the resumption of Russian oil shipments to Hungary through the Druzhba pipeline, so that crude gave up the gains it made earlier after an attack on an oil tanker off the coast of Oman.

Brent crude futures fell $1.88, or 2%, to $91.98 a barrel, while US West Texas Intermediate crude futures fell $2.29, or 2.6%, to $84.63 a barrel.

The oil prices recorded a significant increase after an oil tanker was attacked off the coast of Oman, causing minor damage.

Source: National Iraqi News Agency