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Oil prices plummet as Trump claims he is close to US-Iran deal
The Guardian World
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Brent crude falls as optimism rises strait of Hormuz could reopen over the weekend
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Global oil prices fell on Friday to lows not seen since the first week of the Iran crisis after Donald Trump claimed he was close to reaching a peace deal with Tehran.
The price of Brent crude began to tumble from about $93 a barrel in overnight trade after the US president called off further military strikes against Iran which were scheduled for the evening.
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