Brent crude drops below $75 for first time since start of US-Israeli war on Iran
Brent crude drops below $75 for first time since start of US-Israeli war on Iran Brent crude, the global oil benchmark, has fallen below $75 a barrel for the first time since before the US-Israeli war on Iran began.
The benchmark was trading at $74.80 per barrel at 12:34 GMT on Tuesday, according to Bloomberg.
The drop marks the first time Brent has traded below $75 since 27 February, the day before the outbreak of the war, according to Reuters, as markets continue to respond positively to progress in negotiations between Washington and Tehran.
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