Oil prices decline with hopes of reducing the escalation between the United States and Iran

Retracted Oil prices‌in early trading on Thursday, amid hopes for De-escalationbetween United States and Iran.
Brent crude futures fell 44 cents, or 0.5%, to $94.49 per barrel by 21:00 GMT.
US West Texas Intermediate crude futures fell 70 cents, or 0.8%, to $90.59 per barrel.

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