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Brent crude falls to $105.55, lowest in over two weeks amid Iran war hopes

Guardian World1 min read58 words
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Brent crude fell more than 6 % on Monday, reaching $105.55 a barrel, the lowest price since 16 October and the lowest level in more than two weeks. The decline came as new hopes emerged of a breakthrough that could end the war involving Iran. The drop in oil prices lifted airline‑company shares and reduced government borrowing costs.

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