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SECURITYJul 27 · 08:03 UTCNY POSTReuters

Oil prices dip over 6% after US, Iran pause fighting over weekend

Oil prices fell more than 6% on Monday as the US and Iran paused strikes over the weekend after two weeks of attacks, raising hopes for a diplomatic solution to de-escalate the conflict and resume shipping in the Strait of Hormuz.

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United StatesplaceIranplaceStrait of Hormuzplaceoil pricestopicDiplomatic solutiontopicstrikestopic
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