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energyLOWIR2026-05-12 05:34 UTC

Oil Prices Rise as U.S.-Iran Peace Hopes Fade

Crude oil prices ticked higher today as hopes for a peace deal between the United States and Iran faded further, after President Trump called Iran’s response to a U.S. peace deal proposal “garbage”. Iran’s response included a list of demands that the U.S. side has previously found unacceptable. At t

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