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The Nexus
WORLDJun 24 · 23:54 UTCWSMV4 NASHVILLEJon Decker

Oil prices steady as Iran deal holds

Oil prices fell 4% to $74 a barrel as the U.S.-Iran interim peace agreement reopened the Strait of Hormuz, reducing global oil prices by 40% from wartime peaks. President Trump claimed Iran made concessions, including accepting UN nuclear inspectors, though Iran denied this. Gas prices in the U.S. remain at $3.93 per gallon, up 32% since the war began.

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U.S.-Iran interim peace agreementtopicStrait of HormuzplaceCrude OiltopicDonald TrumppersonIranplaceIAEAorganizationAAAorganizationMark Rutteperson
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