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24 Mar 2026, 12:34

🔻Brent crude oil prices have once again risen above $100 per barrel, following a significant decline on Monday.

In Tuesday morning trading in Asia, the Brent crude index increased by 3.75% to $103.69, while West Texas Intermediate crude also rose by 3.42% to $91.55.

The price of Brent crude had dropped by more than 10% on Monday after Donald Trump postponed new attacks against Iran. This move was seen as a sign of de-escalation of tensions, and he also mentioned the possibility of reaching a peace agreement in the near future.

However, investors are now evaluating this situation alongside Tehran's denial regarding negotiations with the United States.

Within the U.S., some observers of the stock and oil markets have commented in recent hours about "opportunism" from the fluctuations in the oil market, including the sudden impact of Mr. Trump's statements about postponing the attack on Iran's power facilities.

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