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India Times // World // Asia

Oil prices likely to fall after Israel shows restraint in strikes on Iran

Sunday 27th October 2024, 3:38AM

Oil prices are predicted to fall as Israel's strike on Iran over the weekend avoided key oil and nuclear sites, ensuring no disruption to energy supplies. Israeli jets targeted missile factories, easing market concerns. Analysts expect a temporary dip in prices, with Brent crude potentially dropping to $74-$75 a barrel.

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