The decline in crude oil prices may reduce the likelihood of reaching new highs, impacting market sentiment and strategic decisions by OPEC. The post Crude oil prices drop, WTI below $85, Brent under $91 appeared first on Crypto Briefing.
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Brent crude oil prices fell by 1.8 percent to $91 a barrel amid expectations of new US sanctions against Iran and the granting of permission for Iraqi tankers to pass through the Strait of Hormuz. Markets are nervous about possible Iranian retaliation and supply concerns.