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UPDATE | Oil prices fell on Wednesday, extending losses to more than $3 a barrel amid volatile trading as investors awaited Washington's next move in the US-Israeli war on Iran following President Donald Trump's Republican Party losing control of Congress in the midterm elections. By 14:17 GMT, Brent crude futures had dropped $3.20, or 3.09%, to $100.40 a barrel, while US West Texas Intermediate crude futures fell $3.01, or 3.13%, to $93.08.

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