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Market Impact: 0.55
Oil prices slide on hopes of diplomacy in Iran war
Source: The Globe and Mail
Energy Markets & PricesGeopolitics & WarTransportation & Logistics
Oil prices fell to their lowest level in more than a week as investors anticipated possible diplomatic progress on the Iran war at this week's UN meeting. A partial recovery in Saudi oil shipments also eased supply concerns, although Houthi attacks from Yemen remain an ongoing disruption risk.
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