Brent crude was trading at $74.80 per barrel at 12:34 GMT today, according to Bloomberg. This marks the first time the benchmark has fallen below $75 per barrel since February 27,

Brent crude was trading at $74.80 per barrel at 12:34 GMT today, according to Bloomberg. This marks the first time the benchmark has fallen below $75 per barrel since February 27, the day before the US-Israeli war on Iran started. 🔴 LIVE updates