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Home›Commodities›Energy›Oil prices fall sharply after US pauses Iran attacks

Oil prices fall sharply after US pauses Iran attacks

Reported · Written up by our desk · Energy

Oil prices dropped on Monday, with West Texas Intermediate and Brent crude front-month contracts both falling, after the United States paused launching attacks at Iran, according to MarketWatch.

The move contributed to the largest one-day declines in about two months for the oil benchmarks, MarketWatch reported.

Latest closeWTI crude $90.47 ▼1.9%|Brent $98.38 ▼2.3%

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Sources

MarketWatchOil prices see largest one-day declines in two months amid pause in strikes
MarketWatchOil prices see largest one-day declines in two months amid pause in strikes

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