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Brent falls 5% amid signs of de-escalation
Financial Express Chennai
|February 03, 2026
OIL PRICES FELL 5% on Monday, after US President Donald Trump said Iran was "seriously talking" with Washington, signalling deescalation with an OPEC member to ease supply disruption concerns.
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Brent crude futures were down $3.63, or 5.2%, at $65.69 per barrel at 9.20 GMT. US West Texas Intermediate crude fell $3.60, or 5.5%, to $61.61 per barrel.
Esta historia es de la edición February 03, 2026 de Financial Express Chennai.
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