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Oil dips on Trump pledge
Oil prices fell at the start of trading on Monday, as US President Donald Trump largely ruled out launching new strikes on Iran amid progress in negotiations, despite reports of attacks on ships near the Strait of Hormuz. By 11:34 GMT, Brent crude was down 0.64% at $97.67 a barrel, while West Texas Intermediate fell 0.40% to $90.51.
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