India, June 24 -- Oil prices fell sharply again on Wednesday as worries about supply disruptions eased. International benchmark Brent crude dropped about 4% to around $73 per barrel, its lowest level since before the U.S. and Israel launched airstrikes against Iran earlier this year. U.S. West Texas Intermediate (WTI) crude also fell about 4% to around $70 per barrel.

The drop in oil prices came as U.S. President Donald Trump increased pressure on major oil companies. Trump said he has directed the Department of Justice (DOJ) to immediately investigate whether oil companies are unfairly keeping gasoline prices high for consumers, according to a post on Truth Social.

Trump accused oil companies of not passing lower crude oil prices on to...