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Brent Crude Prices Fall as Traders Weigh Middle East Supply Risks

Editorial Disclosure: This article is curated from reporting by the original publisher credited below. It was selected and published automatically under the Pune.Media Editorial Policy and is not original Pune.Media reporting.

Original Coverage & Source Attribution: www.wsj.com

Oil prices fell Monday, pulling back from recent highs as traders weighed diplomatic efforts to ease U.S.-Iran hostilities against renewed Houthi attacks on Saudi Arabia and persistent Middle East supply risks.

December Brent crude futures fell 1.5% to $114.97 a barrel, while December West Texas Intermediate futures dropped 2.1% to $101.08 a barrel.

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