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The Economic Times

Veer Sharma

Oil Price Today (May 29): Crude oil falls as peace deal hopes offset constant tensions. What are experts saying?

Oil JD Vance crude oil United States Iran Vice President Hormuz Saudi Aramco

Oil prices edged lower on Friday amid hopes that the U.S. and Iran could reach an agreement to extend their ceasefire. Comments from U.S. Vice President JD Vance, suggesting the two sides were "close" but "not there yet," capped the decline.

Crude oil price on May 29

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