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Oil prices slip as Iran cites progress with Oman on Hormuz agreement
TOKYO/SINGAPORE: Oil prices trended lower on Thursday on the progress in Iran-Oman talks, with investors cautiously waiting for signs of a US-Iran peace deal and progress on reopening the Strait of Hormuz. Brent crude futures fell 33 cents, or 0.42 percent, to $79.12 a barrel by 07:18 a.m. Saudi time. US West Texas Intermediate futures declined 42 cents, or 0.56 percent, to $74.80 a barrel. Brent settled up slightly on Wednesday, while WTI edged lower.
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economictimes.indiatimes.com
'Hormuz deal with Iran today' Oil slips below $80 on truce hope
Oil prices experienced a significant decline on Tuesday, falling over five percent. Hopes for a diplomatic resolution to the West Asia conflict emerged. This potential resolution…
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channelnewsasia.com
Oil steadies after two-day slump as investors eye Hormuz traffic
PERTH, Aug 5 : Oil steadied on Wednesday after steep falls in the previous two trading sessions, as investors waited to see if efforts to end the U.S.-Iran war and restore traffic…
