Oil prices have fallen to their lowest in more than a week on hopes of diplomacy in the US-Israel war on Iran, and as investors weighed a partial recovery in Saudi shipments despite continued Houthi attacks, according to the Reuters news agency.
Brent crude futures and US West Texas Intermediate crude touched their lowest since September 10 this morning, with Brent at $101.71 a barrel by 02:13 GMT, down $2.16, or 2.08 percent.
US West Texas Intermediate crude lost $2.15, or 2.14 percent, to $98.15 a barrel.
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