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Oil falls ahead of US-Iran talks

Oil falls ahead of US-Iran talks

Oil prices declined today as investors await potential talks between the United States and Iran, amid the exchange of missile fire earlier this week, which impacted the oil markets. The August Brent crude price fell by 1.03% to $72.40 per barrel, while US West Texas Intermediate crude dropped by 0.66% to $70.32 per barrel.

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