Brent futures fall after Iran attack canceled

Market fears intensified after the cancellation of the U.S. military strike on Iran, leading to a drop of more than $5 in the Brent crude futures, which fell to $82.41 per barrel. U.S. President Donald Trump announced that Saudi Arabia, the UAE, and Qatar had requested him to cancel the military attack, stating that a diplomatic solution is the best option, and adopting a stance that is likely to limit the escalation of tensions in the region.

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