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Brent Crashes 7% on Iran Peace Hopes Despite Fresh Saudi Pipeline Attack

Another round of unconfirmed reports about a potential U.S.-Iran diplomatic breakthrough sent fresh optimism rippling through oil markets on Monday, after Al Arabiya claimed that a Qatari-Pakistani…

  • Brent oil prices drop 7% on Monday
  • Iran peace talks with US reportedly progressing
  • Saudi pipeline attacked in Medina region

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