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The Economic Times
The Economic Times
Business
Veer Sharma

Oil Price Today (June 4): Crude oil slips as Israel-Lebanon ceasefire fuels Iran war peace hopes. What’s next?

Oil prices edged lower on Thursday as a ceasefire agreement between Israel and Lebanon raised hopes of a wider diplomatic breakthrough that could eventually bring an end to the U.S.-Israeli conflict with Iran.

Sentiment was also influenced by the U.S. House of Representatives approving a resolution aimed at limiting President Donald Trump's authority to continue military action against Tehran.

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