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WTI falls to near $100 as Middle East talks ease supply fears

FXStreet27 October 2026, 01:09 UTCUnited States of America

West Texas Intermediate (WTI) oil price extends its losses for the second successive day, trading around $100.10 per barrel during Asian hours on Tuesday. Crude oil prices fell as renewed diplomatic efforts in the Middle East raised hopes of preventing a wider escalation of the US-Iran conflict.

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