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Brent Crude Drops Below $90 Amid Easing Middle East Tensions Business

Brent Crude Drops Below $90 Amid Easing Middle East Tensions

Short2News· 22m ago ·1 reads

Brent crude futures fell 3.3% to $89.3 per barrel on Tuesday, marking the first time prices dipped below $90 in two months. The decline follows a shift in Iran's geopolitical stance, which reduced the war premium on global oil markets. This significant drop marks a sharp reversal from the six-month highs observed in late October.

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