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Oil on track to post second weekly decline as Trump eases fears of renewed war with Iran

Oil prices were on course to post a second weekly decline as supply concerns eased, after US President Donald Trump signalled that he is not keen to restart the Iran war. But further attacks on ships in the region mean prices remain volatile. Brent, the benchmark for two thirds of the world's oil, was down 0.24 per cent at $95.59 a barrel at 8.53am UAE time. West Texas Intermediate, the gauge…

Oil on track to post second weekly decline as Trump eases fears of renewed war with Iran

We haven't written up this one. The National UAE has the full story — the link below goes straight to it.

Read the original at thenationalnews.com →

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