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Oil prices fall more than 5% as Middle East tensions ebb on diplomatic efforts

CNBC · Published 1h ago · Impact 85%
Oil prices fall more than 5% as Middle East tensions ebb on diplomatic efforts

Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.

Caution ahead63%
PositiveDiplomatic options may remain open
RiskEscalation, implementation failure or renewed fighting
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