Oil falls on demand concerns after gains on Mideast tensions
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LONDON (Reuters) - Oil prices fell on Monday on concerns about the possibility of weakening demand after large gains last week caused tensions between the United States and Iran. Benchmark Brent crude was down 46 cents, or 0.71%, at $64.74 a barrel at 1345 GMT, while U.S. crude was down 18 cents, or 0.31%, at $57.25. Last week, Brent climbed 5% and U.S. crude surged 10% after Iran shot down a U.S. drone on Thursday in the Gulf, adding to tensions stoked by attacks on oil tankers in the area..