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Can someone explain: Oil falls on prospect of Middle East ceasefire easing supply disruption?

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I saw this in the news and wanted to understand more about it.
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Khaled Al-Qasimi 23 hours ago 28 views 1 answers

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US West Texas Intermediate crude futures were down $3.11, or 3.4 per cent, at $89.24 a barrel, after falling to as low as $86.72 The post Oil falls on prospect of Middle East ceasefire easing supply disruption appeared first on Gulf Business. Read more: https://backend.gulfbusiness.com/blog/2026/03/25/oil-falls-on-prospect-of-middle-east-ceasefire-easing-supply-disruption/ Source: Gulfbusiness.com (Mar 25, 2026)
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Priya Rajendran 22 hours ago

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Asked25 Mar 2026
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