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The Nexus
WORLDMay 25 · 14:20 UTCNY POSTAriel Zilber

Oil prices drop 5% after Trump says Iran talks are moving ahead — but Hormuz still a wildcard

Oil prices fell 5% following Trump's remarks on advancing Iran talks, though they remain significantly above pre-war levels due to the ongoing conflict since late February. The Hormuz Strait remains a key uncertainty.

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