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الشروق التونسية
Oil drops after Trump cancels Iran strikes
Oil prices fell by about 4-5% after U.S. President Donald Trump announced the cancellation of military strikes on Iran and reported progress in negotiations with Tehran, which eased fears of escalation in regional tensions. Brent crude dropped to $86.51 per barrel, and West Texas Intermediate to $86.48, amid concerns over the impact of Iran's potential closure of the Strait of Hormuz on global oil supplies. Nevertheless, prices remain above $80, as the market remains cautious about the possibility of prices rising again.
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