Crude Oil Extends Decline as Middle East Tensions Show Signs of Easing

Primanews | 05-07-2026 04:45pm |

Crude oil prices fell for a third consecutive session on Thursday as easing geopolitical tensions in the Middle East and signs of progress in indirect negotiations between the United States and Iran reduced concerns over potential supply disruptions. Brent crude oil, the international benchmark for Nigerian crude oil, dropped to around $70.33 per barrel, while

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