Brent crude futures fall more than 7%
The Galaxy Globe bulk carrier and the Luojiashan tanker sit anchored as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 9, 2026. REUTERS/Benoit Tessier
March 10 : Brent crude fell more than 7 per cent 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 per cent, by 0001 GMT. The contract hit a session high of $119.50 on Monday.
Source: Reuters
