Oil slips as Trump signals de-escalation in Iran crisis

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Source: Investing.com
TL;DR Summary

Oil prices declined after President Trump signaled de-escalation in Iran, easing geopolitical risk and trimming the risk premium that had supported crude; WTI hovered around $60 per barrel, down about 1.3% on the day, as traders weighed potential further actions and the evolving Iran situation.

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