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Oil prices still above pre-war levels despite US-Iran truce hopes
After weeks of turmoil that rattled energy markets, oil was trading around $80 per barrel mark on Tuesday as the Middle East chaos has shown signs of cooling down. However, the benchmarks were still trading higher than Monday, as details of the peace deal remains in shadows.
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hindustantimes.com
Oil prices drop over 4%; Japan's Nikkei, South Korea's Kospi surge after US-Iran peace deal reached
At 0045 GMT, US benchmark West Texas Intermediate was down 4.70 percent at $80.89 a barrel and North Sea Brent Crude sunk 4.03 percent to 83.81 percent. | World News
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euronews.com
Oil drops to $80 a barrel and markets rise as Trump touts Iran deal
Oil prices traded over 5% lower on Monday morning after US President Donald Trump announced the completion of the deal with Iran and the reopening of the Strait of Hormuz.
