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Oil Steadies After Slumping on Moves to Restart US-Iran Talks

Oil held a drop, with the US and Iran looking to arrange a second round of peace talks in the coming days, as a blockade of the Strait of Hormuz continued to impede energy supplies vital for the world economy.

This article was originally published by Bloomberg Markets and is republished here under license.

Oil held a drop, with the US and Iran looking to arrange a second round of peace talks in the coming days, as a blockade of the Strait of Hormuz continued to impede energy supplies vital for the world economy.

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