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Oil falls to 3-1/2-month low after US, Iran sign ceasefire deal

arabnews.com · 32 days ago

BEIJING/SINGAPORE: Oil prices ​fell by more than $2 per barrel on Thursday after the US and Iran signed an interim agreement that ‌would end the Iran war, reopen the Strait of Hormuz and waive US sanctions on Tehran’s oil, boosting the oil supply outlook. Brent crude futures were down $2.14, or…

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