Oil prices dropped Wednesday as concerns over military conflict eased, with the U.S
Brent crude fell to $86.35 per barrel
Aug 26, 2026
11:25 am
What's the storyOil prices witnessed a decline on Wednesday, amid reduced fears of military conflict. The United States is now focusing more on economic sanctions to pressure Iran.
The international benchmark Brent crude futures for October delivery fell 2.52% to $86.35 per barrel, while US West Texas Intermediate futures for October dropped 2.17% to $80.56 per barrel.
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