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The Economic Times

Global Business / The Economic Times

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Oil slips from near six-months highs despite supply concerns

Oil prices took a dip on Monday after peaking at six-month highs due to rising supply concerns stemming from ongoing militant attacks. US crude futures tumbled sharply, with Brent crude following suit. The heightened fears arose from the recent Houthi attacks in Saudi Arabia, especially after a notable price spike last Friday.

26 Oct 2026 7:20 am