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The Nexus
SECURITYAug 4 · 18:54 UTCCNBC TOP

Oil prices tumble after Bessent says Strait of Hormuz deal may come this week

Oil prices fell after Treasury Secretary Scott Bessent indicated a deal to reopen the Strait of Hormuz might be reached this week, which he stated would ensure freedom of navigation.

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Scott BessentpersonStrait of Hormuzplaceoil pricestopicFreedom of navigationtopic
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