Oil prices fell on Friday morning but are set to post their biggest monthly gain in years due to potential US strikes on Iran that could disrupt supply from the Opec member.
Brent, the global benchmark for crude, was down 1.39 per cent to $69.73 per barrel at 9.05am UAE time. West Texas Intermediate, which tracks US crude, was down 1.67 per cent at $64.33 a barrel.
On Thursday, Brent futures crossed the $70 mark for the first time since September, to close at $70.7 per barrel on concerns related to possi
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