Oil prices drop to 3-week low
Oil prices today, Tuesday, recorded their lowest levels since July 13, 2026, as Brent crude fell below $80 per barrel for the first time since mid-July, decreasing by 4.52% to $79.99. Similarly, West Texas Intermediate (WTI) declined by 5.2% to reach $76.20. This decline was driven by a reduction in concerns about oil supplies from the Middle East, amid increasing worries over global economic prospects and their impact on oil demand.
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