India, May 19 -- Following three consecutive sessions of gains, crude oil prices have edged lower on Tuesday following news of the U.S. halting its planned attacks on Iran. Even as Iran awaits the U.S. response to a peace plan it sent days before through Pakistan, the Strait of Hormuz continues to remain shut, tightening global oil supplies.
WTI Crude Oil for June month delivery was last seen trading down by $0.07 or 0.1 percent at $108.59 per barrel.
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