Brent Crude Falls Below $75 A Barrel For First Time Since 2021

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Brent crude fell below $75 a barrel for the first time since late 2021 as turmoil at Credit Suisse Group AG reverberates across energy markets.

Futures fell 3.5% to $74.72 a barrel as of 1.24 p.m. in London. Earlier, WTI dropped below $70, also for the first time since December 2021.

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