Crude oil prices will soon reflect the extent of this energy supply crisis, IEA warns

Brent crude prices fell to $95 a barrel on Tuesday, while the West Texas Intermediate (WTI) is testing levels of $90 a barrel on Wednesday during early Asian trading, significantly below the early-war highs of $120 a barrel, as the market is hopeful of more talks between the US and Iran, which would ultimately lead to a resolution.

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