Brent crude drops below $75 for first time since start of US-Israeli war on Iran

Middle East Eye · June 24, 2026 War

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.

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