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West Asia war: Oil prices fall as US signals possible easing of Iranian sanctions
Updated On: 20 March, 2026 11:26 AM IST | Mumbai | mid-day online correspondent
Oil prices fell Friday upto three percent after the US indicated it may ease sanctions on Iranian crude, easing supply concerns amid Middle East tensions
-1773982798324_d.png "West Asia war: Oil prices fall as US signals possible easing of Iranian sanctions")
Oil market dips after US signals potential relief on Iranian exports. Representational Image
Global oil prices traded lower on Friday after the United States suggested it could ease restrictions on Iranian crude. Analysts said the move helped calm concerns about supply disruptions amid tensions in the Middle East.
Brent crude futures fell as much as 3.39 per cent to USD 104.96 per barrel, while US WTI crude fell 3.22 per cent to USD 92.47 during intra-day trading.
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