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The price of a barrel of Kuwaiti oil dropped by more than $8, reaching $94.01 during Friday's trading, compared to $102.39 the previous day, marking a decline of $8.38. This was accompanied by a decrease in the futures prices of Brent crude to $96.78 and West Texas Intermediate (WTI) to $89.31, following reports of efforts to resume talks between the United States and Iran, which impacted the global oil market.
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