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The Nexus
BUSINESSMay 25 · 12:43 UTCTHE GUARDIAN WORLDJulia Kollewe

Oil prices fall below $100 a barrel on hopes of Iran peace deal

Oil prices fell below $100 a barrel as Brent crude futures dropped 6% to $97.28, the lowest level in two weeks, driven by hopes of a US-Iran peace deal. Stock markets rose amid optimism about a potential resolution to the three-month US-Israeli war on Iran.

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