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CNN Arabic
Source: CNN Arabic
6 HrsCNN Arabic
Source: CNN Arabic
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Brent crude futures fell about 8% to $95.70 a barrel, putting them on track to end the month at a two-month low, while West Texas Intermediate slipped below $90. The decline came as traders bet that Republican losses in the midterm elections could prompt the Trump administration to limit escalation in the war with Iran. Brent is down 16% since the start of the month. Energy adviser Tom Kloza forecast that gasoline prices would fall, while Bob McNally warned that the war could escalate, potentially triggering another sharp rise in energy prices.
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