Oman crude falls over $2 to $86.93
Oil prices rose significantly after the price of Oman oil reached $89.12, amid market tensions due to concerns over the potential failure of negotiations between the United States and Iran. Additionally, Egypt launched a global bidding round for oil and gas exploration in 14 new areas. Meanwhile, Oman oil prices declined by more than two dollars, reaching $86.93. These fluctuations occur amidst growing doubts about global oil supplies, which have led to prices exceeding $89.
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