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Oil retreats on optimism over US-Iran deal
LONDON: Oil prices fell more than 1 percent on Tuesday, paring the previous session’s sharp gains, as Iran reviewed a proposed agreement with the US to halt the war between the two countries, Iran’s Mehr News reported. President Donald Trump said on Monday that negotiations with Iran were continuing and there would be a deal to extend the ceasefire and reopen the Strait of Hormuz over the next week. Iran has not yet responded to a proposed final text of the temporary deal, Mehr cited a source as saying.
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energyintel.com
Crude Prices Rally as US-Iran Ceasefire Talks Falter
A US-Iran diplomatic breakthrough that oil markets assumed was within reach last week now looks less likely amid escalating rhetoric and military actions.
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channelnewsasia.com
Oil steadies as uncertainty over US-Iran talks keeps markets on edge
June 2 : Oil prices held on to most of the previous session's sharp gains in early trade on Tuesday on uncertainty over the status of ceasefire talks between the United States and…
