Brent Tumbles to $96 as Gulf Oil Flows Bounce Back - Crude Oil Prices Today | OilPrice.com

Oil prices drop to $96 as Gulf exports rise

Brent crude prices have fallen to $96 as Gulf oil exports have increased. The decline is partly due to Iran's cut in supply, which is creating anxiety. The US-Iran talks and Europe's diesel shortage are also shaping the oil market. The price drop is the latest change in the oil market, reflecting adjustments in the market.

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