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Oil prices fell by 5% amid expectations of a deal between the US and Iran

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Oil prices fell by 5% amid expectations of a deal between the US and Iran

Oil prices fell by 5% amid expectations of a deal between the US and IranBrent and WTI dropped by 5% due to a potential US-Iran deal regarding the Strait of Hormuz. Prices reached their lowest levelssince April despite a deficit in US inventories.
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28 of May 2026

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