Via AlArabiya:
- Progress has been made in discussions in Cairo on a Gaza conflict truce and there is agreement on the basic points between all parties involved, Egypt’s Al-Qahera News state-affiliated TV channel said early on Monday, citing a senior Egyptian source.
The bid in oil has not yet re-emerged after the weekend.
Earlier:
- Middle East geopolitical tension eased back a little over the weekend
- Oil futures have opened for the new week - price drop as weekend risk passes
![oil gaza 08 April 2024 2](https://images.forexlive.com/images/oil%20gaza%2008%20April%202024_id_d927dc8b-77ce-470e-b7f9-0c2c0c457a92_size900.jpg)