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Oil prices set for second weekly decline as Trump sticks with Iran blockade

Published by Emirates 24/7 · UAE 18 h ago
Oil prices set for second weekly decline as Trump sticks with Iran blockade
Oil prices set for second weekly decline as Trump sticks with Iran blockade · Emirates 24/7

Detailed summary

LONDON: Oil prices were mixed on Friday and ‌headed for a ​second weekly decline as the US focus on its blockade of Iran and other economic pressure eased fears ...

For the week, Brent and WTI were ⁠both on track for a drop of around2%. The benchmarks plunged 16% and 13%, respectively, last week.

File photo: An oil tanker sails at sea near the Omani coast, as seen from Musandam, Oman. (Reuters)

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