India, June 9 -- Reversing the gains from yesterday's session, crude oil prices have plunged on Tuesday after Israel and Iran halted their exchange of attacks. In addition, U.S. President Donald Trump's reassurance on a U.S.-Iran deal in a couple of days and on the quick reopening of the Strait of Hormuz reduced ongoing supply disruption concerns.
WTI Crude Oil for July month delivery was last seen trading down by $3.11 (or 3.41%) at $88.19 per barrel.
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