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The price of a Brent barrel has fallen by more than 6%, to $92

The day before, Brent's barrel had reached $120, but after Trump declared the war against Iran "almost over," the price of oil has fallen. 

(Foto de ARCHIVO)

FILED - 16 August 2019, Lower Saxony, Emlichheim: Oil pumps operate at Wintershall Dea oil well. Photo: Mohssen Assanimoghaddam/dpa



16/8/2019 ONLY FOR USE IN SPAIN
Oil. Stock Photo: Europa Press

The price of oil has fallen by more than 6% at the beginning of the day, after the 29% rise caused by the Iranian war the day before and the Brent barrel was around $120. 

At 7:00, the price of the Brentbarrelhas fallen to $92.44

Yesterday, the Brent barrel reached almost $120, up 29%. 

However, after US President Donald Trump assured us that the war in Iran "is almost over," markets relaxed, and at the end of the day the price of a Brent barrel rose 6.76%. 

In an interview with CBS TV, he also stressed that he is considering taking control of the Straitof Hormuz because it is "essential" for the world economy. 

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