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Brent at $105.98 as oil prices fall on Russian diesel hopes
Oil prices declined today, with Brent crude dropping by 0.6% to reach $105.98 per barrel. This comes amid expectations of a possible agreement between the United States and Russia that would allow for the export of additional quantities of Russian diesel. This follows previous oil price increases to their highest levels since September, amid concerns over energy supply disruptions due to attacks in Saudi Arabia and Yemen. While the Kremlin denied any link between the diesel agreement and peace negotiations with Ukraine, reports indicate that Washington is seeking to bring Moscow back to the negotiating table.
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