India, June 16 -- Oil extended declines on Tuesday, after having fallen to a three-month low in the previous session on easing energy supply concerns.
Brent crude futures for August delivery fell 2.1 percent to $81.41 a barrel, while WTI crude futures for July delivery were down 2.3 percent at $78.89.
U.S. President J D Vance indicated that U.S. President Trump may release a preliminary deal to end the war with Iran before Friday.
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