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Oil drops as U.S. says deal with Iran and Hormuz reopening is near

  • Posted on May 24, 2026
  • By Fortune
  • 0 Views
  • 1 min read
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
Oil drops as U.S. says deal with Iran and Hormuz reopening is near

Global crude benchmark Brent fell as much as 5.2% to $98.12 a barrel, while West Texas Intermediate was near $92.
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Author
Fortune

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