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Oil prices dip as mediation efforts offset US-Iran strikes
Oil prices softened on Tuesday as markets weighed mediation efforts. Fresh attacks between the United States and Iran also influenced market sentiment. Yemen's Houthis threatened a naval blockade of Saudi Arabia, raising energy supply concerns. Diplomatic pushes followed recent strikes and attacks across the region. Oil stockpiles are expected to have fallen last week, with gasoline also declining.
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al-monitor.com
Oil eases after Iran says US contacts continue through mediators
Oil scaled back gains after hitting its highest price in a month on Monday as Iran said diplomatic exchanges with the United States were ongoing via mediators despite renewed…
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channelnewsasia.com
Oil steadies as hopes of renewed US-Iran negotiations offset Houthi threat
July 20 : Oil prices were steady on Monday, pulling back from earlier highs as price pressure from hopes of renewed U.S.-Iran negotiations was countered by Yemen's Houthis…
