Crude Oil Falls 1% as Iran Diplomacy Eases Supply Fears
Crude oil fell 1% as diplomacy with Iran eased concerns about supply.
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07:12:42 AM UTC
SquawkNews
By Farhan RafidOil prices fell Tuesday as traders weighed fresh regional efforts to ease tensions involving Iran against Houthi attacks on Saudi Arabia and risks to shipping through the Strait of Hormuz.December Brent crude futures fell 0.8% to $114.93 a barrel, while December West Texas Intermedia…