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The Nexus
WORLDMay 28 · 19:21 UTCTHE HILLRachel Frazin

Oil prices dip amid reports of tentative US-Iran deal

Oil prices fell as the US and Iran reportedly reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz. Brent crude dropped to $94 per barrel from $96, while West Texas Intermediate crude traded at around $89 per barrel.

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