Brent lower after two weeks of escalating violence had pushed crude to more than $100 a barrel

Brent fell about 6 per cent toward US$91 a barrel, while West Texas Intermediate was below US$84. Read more at straitstimes.com. Read more at straitstimes.com.

Oil prices fell more than 5% after the United States and Iran paused military attacks, easing immediate supply fears but leaving significant shipping risks in the Strait of Hormuz…