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Oil Prices Dip Amid Tentative Deal Reports

Updated 2026-05-28 22:35 UTC 1 source Negative

Oil prices have dipped as reports suggest a tentative deal between the U.S. and Iran to extend their ceasefire and reopen the Strait of Hormuz.

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The Hill
{beacon} Energy & Environment Energy & Environment   The Big Story Oil prices dip as U.S. signals deal with Iran Oil prices dipped Thursday amid reports that the U.S. and Iran had reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz. © Chinatopix Via AP
2026-05-28 21:48 UTC
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