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Oil falls from 6-mth highs as Iran mediation efforts ease supply worries

Original · Hellenic Shipping News Worldwide · 3h ago
Oil prices fell on Monday as diplomatic efforts to ease the U.S.-Israeli war with Iran tempered fears of further supply disruptions, although continued Houthi attacks on Saudi Arabia kept geopolitical risks elevated. Brent Oil Futures expiring in December fell 2% to $114.39 a barrel by 02:12 ET (06:12 GMT), while U.S. West Texas Intermediate crude ...

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