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The Nexus
BUSINESSMay 28 · 22:02 UTCBLOOMBERGNicholas Lua, Will Kubzansky

Oil Edges Lower on Tentative Deal to Extend US-Iranian Truce

Oil prices initially surged due to the US-Israeli war against Iran and the closure of the Strait of Hormuz, but recently edged lower following a tentative deal to extend the US-Iranian truce.

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