Crude crashes around 2% in volatile trades

WTI crude oil futures turned sharply lower in volatile trades and currently trades down 1.80% at $99.87 per barrel as markets eyed improving supplies. Iran has called for pursuing conditions that Iranian officials have set with the aim of ending the war, triggering hopes of some concrete solution to the US - Iran crisis. MCX crude oil corrected heavily too and now trades down 2% at Rs 9530 per barrel.

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