Oil falls on open as Trump says fresh Iran attacks 'unlikely'
· economictimes.indiatimes.com
Oil prices fell at the start of the week as uncertainties regarding military actions persist. US President Donald Trump suggested that further attacks on Iran are unlikely while diplomatic talks are ongoing. The tensions surround recent incidents affecting shipping in the Strait of Hormuz, a critical oil passage. Brent crude oil prices declined by 64 cents, while West Texas Intermediate prices also saw a reduction.
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