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Oil falls as Trump downplays prospect of escalation with Iran

Oil falls as Trump downplays prospect of escalation with Iran
Image: Arab News
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NEW DELHI: Oil prices fell on Tuesday, adding to the previous day’s losses after US President Donald Trump downplayed ​the need for military action against Iran “at this point,” easing fears of sustained supply disruptions ‌in the Middle East. Brent crude futures declined 70 cents, or 0.75 percent, to $91.88 a barrel by 05:46 a.m. Saudi time, while US West…

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