BusinessPhoto: News18 BusinessBrent Crude Falls Below $90 Amid Iran War De-escalation Hopes
Brent crude oil prices dropped below $90 per barrel for the first time since August, falling as much as 3.1% amid hopes for a resolution to the West Asia conflict. The decline follows a nearly 6% fall in the previous session, driven by signs that US President Donald Trump may avoid further military strikes on Iran after midterm election setbacks. US gasoline prices also fell below $4 a gallon, easing inflation concerns.
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