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Brent Crude Falls to $79.36 a Barrel

Baghdad: Brent crude fell to $79.36 a barrel on Tuesday.

According to Iraqi News Agency, Brent crude declined by 5.26%, with the price settling at $79.36 a barrel. Meanwhile, the Dow Jones Industrial Average surged by nearly 1,000 points, while the S and P 500 reached a new record high as oil prices retreated.