US oil sinks below $100 after Russia says it will “drastically reduce” assault on Kyiv
Oil prices fell sharply on Tuesday after Russia indicated it will dial back its assault in parts of Ukraine. The developments eased energy supply fears that sent oil prices skyrocketing earlier this month. US oil tumbled 6.4% to $99.25 a barrel in recent trading. Brent crude, the world benchmark, lost 5.4% to $106.43 a barrel….
