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Oil Prices Waver Amid Stalled US-Iran Talks and Low Hormuz Traffic

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Oil prices are fluctuating due to ongoing uncertainty surrounding the Iran-US conflict and shipping through the Strait of Hormuz.

The Brent crude price edged lower by 0.1% to $88.48 a barrel as tensions remain high.

US President Donald Trump warned Americans to prepare for continued high fuel prices, while Iran called on the US to accept defeat in the conflict.

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