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US to Use Iranian Assets for Gulf Repairs
Reports confirmed that the oil market experienced a decrease in the price per barrel to approximately $72, amid a decline in global demand due to slowing economic growth and the repercussions of geopolitical crises. Analysts expect the downward trend in prices to continue until the end of the year, resulting in a drop of $30.86 compared to early-year levels. Additionally, forecasts indicate that crude prices could reach $70 in 2026, amid expectations of reduced production and concerns over ongoing international tensions.
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