MUSCAT : Brent crude futures dropped $1.29, or 2 percent, to settle at $64.33 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.20, or 2 percent, to $60.11.
The decline marks a notable shift from last week, when both benchmarks recorded their strongest weekly gains since June. That surge followed U.S. President Donald Trump’s decision to impose sanctions on Russia for the first time in his second term, a move that initially fueled concerns about supply disruptions.
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