Oil Prices Drop as Traders Weigh Russian Supply and Mideast Attacks
Brent crude futures fell by 61 cents (1.05%) to $105 per barrel, while US West Texas Intermediate crude dropped 92 cents (1.05%) to $93 per barrel. Brent had settled at $106.65 on Monday, its highest since September 15. Oil prices surged over 70% this year amid US-Iran tensions affecting global energy markets.
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