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Crude Oil Tumbles Over 2% as U.S.-Iran Peace Agreement Nears Completion

Blocknomi Published 07.05.2026 08:47

TLDR Brent crude declined more than 2% to $99.11 per barrel; WTI retreated to $93.08 during Thursday’s session Wednesday saw both oil benchmarks plunge over 7% as diplomatic optimism intensified…

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