Brent crude futures fall more than 7%

March 9, 2026 8:22 PM EDT

FILE PHOTO: FILE PHOTO: A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo

March ‌10 (Reuters) - ​Brent ​crude fell more ‌than 7% on Tuesday ⁠after U.S. ‌President Donald Trump ‌hinted that the war in ​the Middle East ⁠could end soon, easing ​concerns about prolonged disruptions to global ​oil ‌supplies.

Brent crude futures were ⁠at $91.71 a barrel, down $7.25, ⁠or 7.3%, by 0001 ​GMT. The contract hit a session ‌high of $119.50 on Monday.

(Reporting ‌by ⁠Anushree Mukherjee ‌in ​Bengaluru; Editing by Sonali ‌Paul)



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