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energyMEDIUMIR2026-05-06 11:58 UTC

Live: Oil Prices Fall Below $100 as Trump Say Iran War May Be Coming To End

Oil prices collapsed on Wednesday as markets continued to digest reports that the U.S. and Iran were discussing a one-page memorandum designed to pause the conflict and create a framework for broader negotiations. Brent crude was down 8.58%, to trade at $100.4 per barrel on Wednesday at 6:40 a.m. ET

ORIGINAL SOURCE →via OilPrice.com
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