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Sharjah24
Oil Falls 5% to $83.52
Oil prices decreased by approximately 5%, with Brent crude futures dropping to $83.52 per barrel and West Texas Intermediate to $79.49, after U.S. President Donald Trump postponed plans for an attack on Iran. This decline comes amid efforts to de-escalate tensions and expectations of increased oil supplies from the Gulf, marking the lowest closing level for Brent since July 13.
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