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Oil prices fell on Tuesday after Donald Trump announced that the United States would halt its annual military aid to Israel, as markets awaited the midterm elections and talks to end the war with Iran. Brent crude dropped 3.3% to $101.32 a barrel, while West Texas Intermediate fell 2.2% to $94.30. Spot gold also slid 1.1% to $3,904.69 an ounce, amid inflation concerns and the possibility of U.S. interest rate hikes.
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