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The Economic Times

Business

Veer Sharma

Oil Price Today (July 2): Crude oil at $70, falls for 2nd session as US-Iran talks progress. Worst over?

Oil United States Iran Strait of Hormuz Saudi Aramco

Oil prices slipped in early trading on Thursday after Qatar said indirect talks between Iran and the U.S. had made "positive progress" during negotiations in Doha that concluded on Wednesday. The discussions centred on the Strait of Hormuz, which handles one-fifth of global oil supply.

Crude oil price on July 2

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