Oil prices slide after rallying to highest in over month with Middle East tension
International benchmark Brent crude fell by 2% to $79.16 per barrel at 10.39 am local time (0739 GMT), down from Monday’s close of $80.80. Meanwhile, US benchmark West Texas Intermediate (WTI) declined by 2.18% to $75.14 per barrel, compared to its prior session close of $76.82.