![Oil prices drop as relief convoys enter the troubled Gaza Strip](https://market-tracker.in/wp-content/uploads/2023/10/GettyImages-1387145707-c11239041c0c4b4d8d6acd8b8da3710b-600x400.jpg)
Oil prices drop as relief convoys enter the troubled Gaza Strip
As supply convoys began to arrive in the Gaza Strip over the weekend and diplomatic efforts were made to prevent a conflict between Israel and the Palestinian Islamist party Hamas from expanding to the larger oil-rich region, oil prices decreased on Monday. U.S. West Texas Intermediate crude futures declined 61 cents to trade at $87.47…