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The Independent UK
The Independent UK
National
Chan Ho-Him

Oil prices dip as tentative US-Iran deal awaits Trump’s final approval

ING Iran United States Oil

Asian stock markets mostly rose while oil prices dipped on Friday, driven by hopes of a 60-day ceasefire extension between the United States and Iran.

Oil prices slipped on this de-escalation optimism, yet stayed above pre-war levels as the Strait of Hormuz largely remains closed.

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