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HomeBusinessOil falls as Lebanon and Israel agree on a ceasefire

Oil falls as Lebanon and Israel agree on a ceasefire

BEIJING/PERTH, June 4: Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the U. S. -Israeli war with Iran that could lead to a reopening of the Strait of Hormuz. Brent futures were down 87 cents, or 0. 89 per cent, at $96. 92 a barrel by 0458 G

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