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Iranian oil ships restart after deal
Iran announced that three Iranian oil tankers and two cargo ships are currently sailing toward its southern ports, following the resumption of its maritime operations after an agreement with the United States, despite the ongoing American embargo imposed since April. Oil prices have fallen to their lowest level in three months, with increasing expectations of resuming oil supplies through the Strait of Hormuz and triggering rises in energy markets, amid new American-Iranian negotiations over the nuclear deal and efforts to reduce tensions in the region.
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