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U.S. crude oil contract down 7.5% after Iran strike killed no one on U.S. base

An Iranian strike on a U.S. base in Qatar resulted in no reported casualties and a senior White House official told CNN today that the Trump administration was anticipating Iran would retaliate after U.S. strikes on Iranian nuclear sites over the weekend. President Trump does not want more military engagement in the Middle East, according to CNN, citing its source. The WTI crude oil continuous contract is down about 7.5% to $68.32 in afternoon trading.

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