Oil Prices Plunge Over 4 percent
Singapore, June 14 (QNA) - Oil prices tumbled in early Asian trade after US President Donald Trump announced a peace agreement with Iran and the resumption of shipping traffic through the Strait of Hormuz.
Brent crude futures dropped $3.51, or 4.02 percent, to $83.82 a barrel, while US West Texas Intermediate (WTI) crude fell $3.93, or 4.63 percent, to $80.95 a barrel. (QNA)
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