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Cairn India falls tracking lower crude oil prices

A Cairn India employee works at a storage facility for crude oil at Mangala oil field at Barmer in Rajasthan August 29, 2009. REUTERS/Parth Sanyal/Files

Reuters Market Eye - Cairn India (NSI:CAIRN.NS - News) falls 2 percent as Brent crude futures declined more than 4 percent in the previous two days as fears eased of an imminent strike against Syria.

U.S. President Barack Obama vowed on Tuesday to explore an initiative from Russia to neutralise Syria's chemical weapons, but he voiced scepticism about it and still sought support for his threat to use military force should diplomacy fail.

(Reporting by Abhishek Vishnoi)