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Oil Prices Drop Over $2 After Reports of U.S.-Iran Draft Deal Easing Supply Concerns

Brent and WTI crude prices fell more than $2 per barrel following news of a draft agreement between the United States and Iran, which reduced fears of supply disruptions in the Middle East. The development has led to extended losses in oil markets amid improved geopolitical outlooks.
Date: 21.05.2026  |  Source: FOR-EX.NEWS

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