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Conflict Between US and Iran Eases: Global Oil Costs Fall by 5.5%, Possibly Leading to Lower Fuel Costs

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Conflict Between US and Iran Eases: Global Oil Costs Fall by 5.5%, Possibly Leading to Lower Fuel Costs

Key Takeaways30-sec read

  • Crude oil prices fell by 5.5 per cent on Monday to about $97.6 per barrel amid growing optimism over a possible peace agreement between the ...
  • Key updates and context verified by RealNaijaGist correspondents.
  • Full details and ongoing developments highlighted below.
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Crude oil prices fell by 5.5 per cent on Monday to about $97.6 per barrel amid growing optimism over a possible peace agreement between the United States and Iran aimed at easing tensions around the Strait of Hormuz, a critical global oil transit route.nThe post US-Iran War: Oil prices drop 5.5%,...

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