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<Commodity> Brent Oil Touches Peak Then Retreats on Assessment of Potential Escalation in US-Iran Situation
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Assessing the possibility of an escalation in the US-Iran situation, Brent oil futures retreated after touching a peak of USD126 on Thursday, last down more than 3%.

New York oil futures for June delivery fell USD2.7, or 2.5%, to USD104.2.

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Brent oil futures for June delivery fell USD3.7, or 3.2%, to USD114.3.

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