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Oil Prices Fall on News of Possible Iran Deal

by New Edge Times Report
May 25, 2026
in Business
Oil Prices Fall on News of Possible Iran Deal
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American officials said on Sunday that the United States and Iran had agreed in principle to a peace deal that would reopen the Strait of Hormuz. But final approval of a deal could take days.

While U.S. officials offered broad outlines of the deal, the details remain to be worked out.

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