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Oil Prices Rise as US-Iran Deal Prospects Diminish

Oil ↑ Strong

Key takeaways

  • Oil: Oil — Strong bullish
  • Oil prices increase amid fading hopes for a US-Iran deal and a decline in the Strategic Petroleum Reserve, which has fallen below 300 million barrels.
#Oil#US-Iran Relations#Strategic Petroleum Reserve

Analysis

Oil prices increase amid fading hopes for a US-Iran deal and a decline in the Strategic Petroleum Reserve, which has fallen below 300 million barrels.

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