Oil prices decline after diplomatic push in Iran war
Oil prices declined on Thursday as traders assessed new diplomatic efforts in the Middle East, aimed at averting potential US military action against Iran . Brent, the benchmark for two thirds of the world’s oil, slipped to $114.10 a barrel at 7.48am UAE time, after gaining more than 1 per cent in the previous session. West Texas Intermediate, the gauge that tracks US crude, was trading above…
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