Tokyo — Oil fell more than 1% on Tuesday as the market hung on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilities that cut the kingdom’s output in half and sent prices soaring by the most in decades.

The attack on Saturday heightened uncertainty in a market that had become subdued in recent months due to slowing global growth as the US-China trade war rages. Saudi Arabia is the world’s top oil exporter and has been the supplier of last resort for decades...

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