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Oil tumbles over 6% as Trump's Iran talks revive hopes of easing Middle East tensions

Times of India

BusinessTimes of India·Aug 3, 2026·1 min read

Oil tumbles over 6% as Trump's Iran talks revive hopes of easing Middle East tensions

Oil prices dropped significantly as United States and Iran negotiations offered hope for de-escalation. Uncertainty surrounds these talks and ongoing security risks persist along vital shipping lanes. Brent crude futures experienced a…

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