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Energy: Oil prices fall as reports indicate the U.S. and Iran are nearing an agreement to end the conflict, with Brent crude dropping to $101 per barrel.

May 6, 2026 - 06:15
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Energy: Oil prices fall as reports indicate the U.S. and Iran are nearing an agreement to end the conflict, with Brent crude dropping to $101 per barrel.
Oil prices dipped following Trump's announcement that the U.S. will halt its naval escort operations in the Strait of Hormuz, sparking optimism for a possible deal with Iran. 🌊💰 #OilMarket #Iran #StraitOfHormuz

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