March 10 (Reuters) – Brent crude fell more than 7% on Tuesday after U.S. President Donald Trump hinted that the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies. Brent crude futures were at $91.71 a barrel, down $7.25, or 7.3%, by 0001 GMT. The contract hit […]
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Brent crude futures fall more than 7%
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March 10 (Reuters) – Brent crude fell more than 7% on Tuesday after U.S. President Donald Trump hinted that the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.
Brent crude futures were at $91.71 a barrel, down $7.25, or 7.3%, by 0001 GMT. The contract hit a session high of $119.50 on Monday.
(Reporting by Anushree Mukherjee in Bengaluru; Editing by Sonali Paul)