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مباشر
Oil drops on profit-taking and US-Iran talks hopes
Oil prices declined by more than 4% during today's trading sessions, amid profit-taking following strong weekly gains that were driven by escalating tensions between the United States and Iran and attacks on maritime oil transit routes. Despite the decline to approximately $96.28 per barrel for Brent and $88.58 for West Texas Intermediate, oil prices are still on track to achieve weekly gains exceeding 7%. Meanwhile, the market is awaiting political developments and stability in shipping operations, with expectations that oil prices could rise if disruptions to oil supplies persist for an extended period.
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