Brent crude fell $0.75 to $84 a barrel
Crude oil prices retreated from a one-month high as traders weighed the risk of disrupted export routes.
The pullback reflects profit-taking rather than easing risk.
Iran’s potential closure of the Bab el-Mandeb route could amplify supply chain stress, with 7.4 million barrels transiting the route daily.
The US strike on Iranian coastal defenses has heightened tensions, with oil prices reacting to the escalating conflict.