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Oil Prices Drop After Trump's Iran Delay

Published 1 week ago
Description

Oil prices plummeted following Trumps delay of Iran strikes, with WTI crude dropping over nine percent. Stock markets surged, but uncertainty persists as Iran warns of Strait of Hormuz closure. Analysts predict potential oil price surge to $200 by 2026, risking a global recession. Energy sector braces for continued volatility.

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