Oil falls further as Trump says China can continue to buy Iranian oil
Oil prices accelerated losses on Tuesday after U.S. President Donald Trump said China can continue to buy Iranian oil, providing reassurance over crude supply in Middle East.
International benchmark Brent slumped 4.5 percent to $68.26 per barrel, while the main US crude contract WTI shed 4.6 percent to $65.34, after plunging earlier over a fragile Iran-Israel ceasefire.
