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The Economic Times
The Economic Times
National

Trump expresses optimism about lower fuel prices as US-Iran move closer to potential deal on Strait of Hormuz

Washington, DC: US President Donald Trump expressed optimism that fuel prices could decline as negotiations between the United States and Iran over the Strait of Hormuz move closer to a potential agreement.

According to Fox News, Trump said progress in the talks could help stabilise one of the world's most critical maritime trade routes for oil shipments, raising hopes of lower gasoline prices if the negotiations are successfully concluded.

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