Oil prices fell sharply on Asian markets on Tuesday, losing almost 4%, after media reports that Israel is ready to launch retaliatory strikes against Iranian military facilities, not nuclear or oil ones.Brent crude futures fell to $73.50 per barrel, and contracts for American WTI lost 3.75%, reaching $69.90 per barrel.On Monday, both benchmarks had already fallen by about 2%, thereby almost compensating for the cumulative increase that was achieved in the seven sessions prior to last Friday. At ... Read More
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