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North Sea Oil Plunge Deepens as Traders Weigh Iran De-Escalation
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarElections & Domestic PoliticsCommodities & Raw Materials
North Sea physical crude prices fell to fresh lows on Wednesday as traders assessed the possibility of de-escalation in the Iran war after US President Donald Trump’s heavy defeat in the midterm elections. The article gives no price level or percentage decline.
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