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Oil Falls as US-Iran Deal Set to Add Wave of Supply

Bloomberg

BusinessBloomberg·Jun 17, 2026·1 min read

Oil Falls as US-Iran Deal Set to Add Wave of Supply

Oil headed for the longest losing run in 10 months on expectations that a US-Iran deal to reopen the Strait of Hormuz will unleash a wave of supply. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)

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