Oil prices extended their decline on Monday as President Donald Trump downplayed the prospect of renewed US military strikes against Iran. Brent crude CFD fell nearly 3% to around 95, approaching last week’s low of 93.22, while Dollar Index retreated 0.39% to 101.881, surrendering more than half of Friday’s 0.70% rally, and European equities advanced.
The post Brent Oil Nears Critical 93.22 Support as Iran Tensions Ease, Dollar Retreats appeared first on ActionForex.
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