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Oil falls 3% to below $100/barrel but eyes weekly rise amid Trump's threats to Iran — Latest updates

Livemint Markets

Jul 24, 2026 · 06:53 PM 1 min reading time

Oil futures fell over 3% due to disruptions in the Red Sea and heightened U.S.-Israeli-Iran tensions. Brent dropped to $97.10, but is on course for a 10% weekly gain, while WTI is set for an 8% increase amidst fears of further supply constraints.

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Oil falls 3% to below $100/barrel but eyes weekly rise amid Trump's threats to Iran — Latest updates

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