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Market Impact: 0.22
Oil on track for weekly loss even as Iran tensions simmer
Source: reuters.com
Energy Markets & PricesGeopolitics & War
Oil prices declined on Friday and are set to break a two-week winning streak. The prior session settled higher after a report said U.S. President Donald Trump is not interested in returning to previous deal terms with Iran, but that support wasn’t enough to sustain momentum into Friday’s drop.
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