Brent crude falls below $90 a barrel

Brent crude prices dropped below the $90-a-barrel mark as concerns over potential disruptions to global oil supplies eased.

Market data showed that Brent futures slipped below the key psychological level of $90 per barrel.

The decline came amid expectations of reduced tensions in the Middle East, easing fears of supply disruptions and weighing on oil prices.

Analysts say the oil market remains highly sensitive to geopolitical developments, with future price movements likely to depend on events in the region and the global supply-demand balance.

By N. Tebrizli