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Oil drops to 3-month low
Oil prices dropped significantly today, with Brent crude declining by 5.1% to $82.86 per barrel and West Texas Intermediate (WTI) American crude falling by 5.8% to $79.98, their lowest levels since March 10. This decline came after a preliminary agreement was reached between the United States and Iran, raising concerns about potential supply shortages in the oil market.
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