Oil prices subdued amid mixed signals from US on Iran war

Global oil prices traded subdued on Wednesday morning, holding above $110 a barrel, as markets weighed mixed signals from US president Donald Trump on the prospects of the war on Iran.

At 8:11 AM, the July contract of Brent was trading at $111 per barrel, lower by 0.25%, while WTI fell 0.21% to $103.93 a barrel.

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