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Oil Prices Drop on Diplomatic Hopes

Updated 2026-09-25 05:10 UTC 1 source Neutral

Oil prices declined as reports emerged that U.S. and Iranian negotiators are discussing a potential phased deal to resolve the conflict in the Persian Gulf.

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CNBC

Oil falls amid optimism over potential diplomatic solution to the Iran conflict

Oil fell Friday, following a report that U.S. and Iranian negotiators are discussing a phased deal to end the standoff in the Persian Gulf.

2026-09-25 01:23 UTC