Oil plunges 4% as Iran supply disruption concerns ease
Oil plunges 4% as Iran supply disruption concerns ease

Oil prices tumbled more than 4 per cent to a near two-week low on Tuesday due to a weaker demand outlook and after a media report said Israel would not strike Iranian nuclear and oil sites, easing fears of a supply disruption, Reuters reported. Brent crude futures settled down $3.21, or 4.14 per...