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Oil prices drop to pre-Iran war levels

Oil prices declined on Thursday, falling to their lowest levels since before the Iran conflict began, as expectations of increased Middle Eastern supply outweighed concerns about global demand. Brent crude futures for August delivery dropped $1. 08, or 1. 46%, to $72. 66 per barrel by 0952 GMT, while U. S. West Texas Intermediate (WTI) crude fell 84 cents, The post Oil prices drop to pre-Iran war levels appeared first on MM News.

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