WTI oil plunges despite new
Photo: Stephanie Scarbrough /AP/TT

WTI oil plunges despite new US attacks on Iran

The July WTI crude oil futures contract fell by just over 5 percent overnight Tuesday, despite new US attacks on Iran.

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The US military command Centcom announced that the US carried out attacks "in self-defense" in southern Iran on Monday.

However, this did not stop the decline in oil prices in the US. At 02:30 local time in Sweden, July futures were down to $91.22 per barrel, CNBC reports.

North Sea oil did not follow the same trend, rising by just over one percent to $97.59 per barrel at the same time.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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