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The US-Iran agreement dispels fears of war...and oil declines sharply

The US-Iran agreement dispels fears of war...and oil declines sharply

Middle East 16/06/2026 Sky News Arabia 👁 21
⚡ Quick Summary

Oil prices fell by more than $4 per barrel, on Monday, to record their lowest levels in three months, after US President Donald Trump announced the signing of a memorandum of understanding with Iran aimed at ending the war and reopening the Strait of Hormuz.

📖 Article source — 🌐 Arabic ← Back

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