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Oil prices fell on Tuesday, extending losses from the previous day, after US President Donald Trump said there was no need for military action against Iran "at this time", allaying concerns about long-term disruptions to supplies to the Middle East.

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Asharq · · Source

🇺🇸 USA · טקסס · Map

Oil prices fell on Tuesday, extending losses from the previous day, after US President Donald Trump said there was no need for military action against Iran "at this time", allaying concerns about long-term disruptions to supplies to the Middle East.

Oil prices fell on Tuesday, extending losses from the previous day, after US President Donald Trump said there was no need for military action against Iran "at this time", allaying concerns about long-term disruptions to supplies to the Middle East.

Brent crude futures were down 24 cents, or 0.23%, at $92.33 a barrel at 01:02 GMT, while U.S. West Texas Intermediate crude futures were down 35 cents, or 0.40%, at $86.50 a barrel.

Later, Brent crude futures fell a dollar to $91.56 a barrel, and U.S. crude futures also fell a dollar to $85.79 a barrel.

Brent crude oil fell 5.85% in the previous session after falling to its lowest level since August 31.

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