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12 Jun 2025

Oil prices decline after rising due to escalating tensions between the US and Iran

Oil prices fell on Thursday, giving up some of the sharp gains made in the previous session after escalating tensions in the Middle East raised concerns about supply disruptions.
Brent crude futures dropped by 1.4% to $68.78 per barrel, while West Texas Intermediate (WTI) futures declined by 1.5% to $67.15 per barrel

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