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London, June 15 (QNA) – Oil prices fell to their lowest levels in three months on Monday, following the declaration of a preliminary agreement to end the war in the Middle East and resume navigation through the Strait of Hormuz.
Brent crude futures fell USD 4.47, or 5.1 percent, to USD 82.86 per barrel.
West Texas Intermediate (WTI) crude also fell USD 4.90, or 5.8 percent, to USD 79.98 per barrel. (QNA)