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Oil Prices Slide on Easing Geopolitical Tensions

WTI crude oil prices fell 1.7% on easing geopolitical tensions. Reports of Qatar mediating US-Iran talks and Iran-Oman discussions on reopening the Strait of Hormuz boosted optimism for improved supp…

Oil Prices Retreat on Hopes for Strait of Hormuz Deal

Oil prices fell as markets reacted to news of a potential revenue-sharing deal between Iran and Oman regarding the Strait of Hormuz, easing supply disruption fears. Despite Saudi Arabia increasing lo…