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Market Impact: 0.62
Oil prices edge lower as Iran says it is open to diplomacy to end the war
Source: reuters.com
Energy Markets & PricesGeopolitics & War
Oil prices edged lower on Thursday after rising 4% in the prior session, as Iran said it remains open to diplomacy to end the US-Iran war. However, the sides remain far apart on a resolution, leaving geopolitical supply-risk premiums and oil-market volatility elevated.
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