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Oil slips 5% after US, Iran pause fighting over weekend
Oil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes over the weekend. Hopes for a diplomatic solution are rising, potentially de-escalating the conflict. Shipping activity in key straits remains cautious despite the pause. Analysts suggest a slow and partial rebound in oil flows is likely.
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independent.co.uk
Oil prices ease after US and Iran pause their attacks
Oil prices have fallen further in early trading after setting a two-month high set last week
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cnbc.com
Oil slides 5% as Iran reportedly signals halt to attacks if U.S. pause holds
Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place.
