Tag: oil falls
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Oil falls as Lebanon and Israel agree on a ceasefire
BEIJING/PERTH, June 4 : Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the U.S.-Israeli war with Iran that could lead to a reopening of the Strait of Hormuz.Brent futures were down 87 cents, or 0.89 per cent, at $96.92 a barrel by…
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