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Crude Oil Tumbles Amid Hopes For De-escalation Of U.S.-Iran Conflict
Source: Nasdaq
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Crude oil prices fell for a third consecutive session on Friday as investors positioned for a meeting between President Donald Trump and Gulf leaders aimed at de-escalating U.S.-Iran tensions. The prospect of reduced geopolitical supply-risk premiums is weighing on oil prices, though the article provides no specific price or percentage decline.
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