Oil prices are slightly declining after reaching December highs in yesterday's trading session. Investors continue to monitor events in the Red Sea, which has an impact on prices. The current price of Brent oil is $80.75 per barrel, yesterday's maximum was marked at $81.40 per barrel. North American crude is trading near $75.40 after rising to $76.10 in the previous session. The Red Sea remains in the spotlight due to the actions of the Houthis from Yemen. On Tuesday, they attacked the MSC United cargo ship after the crew ignored the warning signals of their missile attacks. Explosions and rocket launches were also seen on Tuesday near the port of Hodeidah. Earlier, the Danish company A.P. Moeller-Maersk AS announced that it plans to resume transportation in the Red Sea after the implementation of an international mission to ensure the safety of ships. These events affect the situation in the region and may affect oil prices.
