Crude oil futures end lower on Tuesday
The U.S. is shifting immense military assets into West Asia, sending a warning of its offensive intent to Iran
Crude oil futures settled down on Tuesday as traders remained on sidelines ahead of a fresh round of U.S.-Iran nuclear talks in Geneva on Thursday. The U.S. is shifting immense military assets into West Asia, sending a warning of its offensive intent to Iran. After U.S. President Trump stated that he was considering a limited attack on Iran, Iran has clearly stated that even a small attack would not be tolerated and it will take strong action in response.
Benchmark crude oil futures for April delivery fell $0.68 or 1.03% to settle at $65.63 a barrel on the New York Mercantile Exchange. Brent crude for April delivery slipped $0.72 or 1.01% to settle at $70.77 a barrel on London's Intercontinental Exchange.
