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Brent takes another hit after reports of Israeli delay

A little earlier this morning reports began to circulate; that the Israeli Prime Minister was said to advocate a delay in any response to the recent attack by Iran. That news has now floated around the wider press and it has now delivered a further fall in oil prices. There is a degree of skepticism on this here, as it could be a false flag. However, oil prices have wasted no time in reacting to news and given the recent falls yesterday, this news was probably an easy excuse to push prices lower again. So, Brent for June delivery has now fallen below $87 per barrel. The low seen so far has been set at $86.65. It is just now trading at $86.90

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