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International Business Times
International Business Times
Business
Demian Bio

Oil Plunges After Iran Announces End Of Military Action Against Israel

Oil retreated after Iran announced an end to its latest military actions against Israel on Monday. (Credit: Patrick T. Fallon/AFP via Getty Images)

Oil retreated after Iran announced an end to its latest military actions against Israel on Monday.

While prices are still up for the day, they have ceded most gains following the development.

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