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Oil drops as Iran and Israel pause strikes
Oil prices declined today, Tuesday, after Iran and Israel announced a halt to mutual attacks, despite both warning that hostilities could resume. This came following a call from U.S. President Trump to end the conflict. Brent crude fell to $93.34 per barrel, and West Texas Intermediate to $90.17, after prices had temporarily risen by up to 5% prior to the announcement of the de-escalation.
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