India, Sept. 21 -- Oil prices fell sharply on Monday, losing for a fourth straight session, amid hopes diplomatic efforts will help de-escalate tensions in the Middle East.
West Texas Intermediate crude oil futures for October dropped to $95.70 a barrel, losing more than 4.5%.
Ahead of this week's crucial meeting between U.S. President Trump and Gulf-state leaders on the sidelines of the United Nations General Assembly, Trump warned Iran that it would fail economically or face its leadership being wiped out if it didn't make a deal.
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