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Oil prices decline on hopes for US-Iran trade agreement

Oil prices record a weekly decline thanks to progress in trade negotiations between the United States and Iran, reducing supply concerns.

Published 16sem1 sourceImportantupdated 5sem
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A potential agreement would lift geopolitical uncertainties that had supported energy prices for months, creating downward pressure.

This development benefits consumers and energy-dependent industries, while reflecting a gradual easing of Middle Eastern tensions.

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