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Oil prices fall to lowest since August as Donald Trump says Iran conflict could end 'fairly soon'

Temie Laleye
4 hours ago
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Oil prices fall to lowest since August as Donald Trump says Iran conflict could end 'fairly soon'

Oil prices have fallen to their lowest level in months as hopes grow for an end to the US-Iran conflict. Comments from President Donald Trump prompted a further drop after a week of falling prices.Brent crude fell below $90 a barrel on Tuesday for the first time since August. It dropped roughly three per cent during morning trading to around $89.20.The fall followed Mr Trump's remarks at a White House press conference on Monday evening, when he suggested the war could end soon.Mr Trump said: "We're seeing momentum toward the end of this conflict, I think it's going to be ending fairly soon."The president also played down the prospect of further military action against Iran, saying it was not "necessary" at this stage.However, he said the...

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