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The Nexus
POLITICSMay 25 · 09:07 UTCFRANCE 24Charles PELLEGRIN

Oil prices ease on renewed hopes of US-Iran peace deal

Oil futures declined as renewed hopes of a US-Iran peace deal eased market tensions, though Brent crude remains elevated compared to pre-war levels. Commercial vessels are navigating the Strait of Hormuz, and Ferrari is set to debut its first fully electric supercar.

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