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Commodities

US-Iran Tensions Ease, Crude Oil Prices Plummet

Guavy AI Editorial Team
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Oil
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The US and Iran have paused their attacks on each other, leading to a decrease in tensions in the Middle East. As a result, crude oil prices dropped on Wall Street.

According to Damian J. Troise and Alex Veiga of The Associated Press, stocks drifted to a mixed close on Wall Street following the development.

The US and Iran's pause in attacks allows for work to resume on restarting negotiations to end their war, which has been ongoing.

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