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الوطن
Oil drops ahead of Iran and Oman's talks
Global oil prices continue to decline for the third consecutive day due to tensions in the Strait of Hormuz, where five cargo ships passed through yesterday, Tuesday. Iran announced that the strait is closed and is preparing to hold negotiations lasting from 30 to 60 days regarding the situation. Military experts confirmed that Iran still possesses tools to threaten navigation in the strait, and that ship traffic is below normal levels. Additionally, the U.S. Navy cleared the middle passage of Iranian mines to ensure the safety of navigation.
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