Oil Prices Drop as Hamas Recommits to the Ceasefire Deal

Hamas on Thursday recommitted to the ceasefire with Israel and said it would free another three hostages as planned on Saturday, easing concerns that the truce was close to collapse. The ceasefire, which was signed a day before the inauguration of President Donald Trump, was threatened to unravel earlier this week, after both sides accused the other of violating the terms of the truce. Then Hamas announced that it would delay the release of the next batch of hostages. This sparked reactions in Israel and in the U.S. and rekindled concerns…