Oil Prices Fall on U.S.-Iran Diplomacy Hopes – WSJ
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Oil markets remain hostage to geopolitical headlines. Even a glimmer of U.S.-Iran diplomacy is enough to deflate the war premium, for now.
Oil markets remain hostage to geopolitical headlines. Even a glimmer of U.S.-Iran diplomacy is enough to deflate the war premium, for now.
Oil prices dropped for a fourth consecutive day as diplomatic overtures between the U.S. and Iran eased supply concerns, alongside the restart of Saudi Arabia's East-West pipeline after drone strikes.
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