marches2.5 %Brent drops 2.5% and falls below $104 per barrel

Brent drops 2.5% and falls below $104 per barrel

The price of Brent crude oil, a European benchmark, fell by 2.5% in a single session.

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The fact

The drop comes amid diplomatic progress to end the war in Iran.

The barrel is now trading below $104, impacting energy markets.

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