Oil prices ease as Iran-Israel conflict enters sixth day


Oil prices eased in Asian trade on Wednesday, after a gain of 4% from the previous session, as markets weighed the chance of supply disruptions from the Iran-Israel conflict against a U.S. Federal Reserve rates decision that could weigh on oil demand.

Brent crude futures slipped 49 cents, or 0.6%, to $75.96 a barrel by 0620 GMT. U.S. West Texas Intermediate crude futures fell 38 cents, or 0.5%, to $74.46 per barrel.

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