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Brent Crude Falls Below $90 for First Time Since August

Brent Crude prices plunged to below $90 per barrel early on Tuesday, falling below that threshold for the first time since August, as U.S. President Donald Trump again signaled potential de-escalation in the Middle East and no need for strikes against Iran. As of early morning in Europe, the front-month Brent Crude futures had dropped to $89.70, and WTI Crude, the U.S. benchmark, traded below $85 per barrel, falling by over 2%. At the start of Asian trading, Brent Crude had dipped below $92 per barrel, following reports citing President Trump as…