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The Straits Times·Business

Oil steadies as Trump signals restraint on Iran

Summarised by Spiced Kopi · ·10 sec listen

Oil steadies as Trump signals restraint on Iran

Oil prices steadied after President Donald Trump signaled restraint toward Iran, though risks around the Strait of Hormuz remain. Brent crude fell 16 percent last week, its sharpest weekly drop since the coronavirus pandemic began.

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