WTI crude futures fell 2.19% to $101 a barrel, while Brent crude fell 1.89% to $114.51, CNBC reported. Market participants assess the consequences of the recent attacks on Saudi Arabia's energy infrastructure: investors fear that further price increases will lead to a decrease in global demand for raw materials. According to investment firm Gallo Partners, current geopolitical tensions have already added about a $20 risk premium to the cost of a barrel.

WTI crude futures fell 2.19% to $101 a barrel, while Brent crude fell 1.89% to $114.51, CNBC reported. Market participants assess the consequences of the recent attacks on Saudi Arabia's energy infrastructure: investors fear that further price increases will lead to a decrease in global demand for raw materials. According to investment firm Gallo Partners, current geopolitical tensions have already added about a $20 risk premium to the cost of a barrel.