Oil falls to lowest since August as markets rise on Trump’s Iran war remarks
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Brent crude fell nearly 3% to $89.66 on Tuesday morning, the lowest since 31 August, after Donald Trump said the war on Iran is “effectively over” and downplayed further military action. That followed a near 6% drop on Monday. Europe’s Stoxx 600 rose 0.9% to 662.54; London’s FTSE 100 gained 0.4% to 10,828. Lufthansa and Air France-KLM rose; BP and Shell fell 1.7% and 1.5%.
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