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Oil approaches largest quarterly drop since 2020
Oil prices have declined significantly, heading towards their largest quarterly loss since the start of the COVID-19 pandemic in 2020. Political tensions in the Middle East continue, and talks between the United States and Iran in Doha are awaited. Brent crude has dropped about 21% since early June, falling to around $73 per barrel, as investors focus on the potential outcomes of these negotiations and their impact on oil supplies and market stability.
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