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The Nexus
BUSINESSMay 25 · 12:22 UTCTHE HILLMax Rego

Oil prices dip amid optimism over potential US-Iran deal

Oil prices fell over 6.1% as optimism grew around potential US-Iran negotiations to reopen the Strait of Hormuz and resolve Middle East conflicts. West Texas Intermediate crude dropped to $90.68, while Brent crude also declined.

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Trump administrationorganizationIranplaceStrait of HormuzplaceWest Texas Intermediate crude futurestopicBrent crude futurestopicMiddle East conflicttopic
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