Commodity prices calm as Brent crude drops to $110

ISTANBUL

Commodity prices eased Wednesday after rising rapidly in the last two weeks because of Russia's war against Ukraine.

Brent crude was at $110.3 a barrel as of 1947GMT, dropping from $131.5 earlier Wednesday.

A bushel of wheat also dropped to $12 after seeing historical highs of $13.63 on Tuesday.

Gold fell to $1,989.1 after hitting $2,090 on Tuesday.