Daily Market Updates: Oil prices drop after report Pakistan seeks new U.S.-Iran talks

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Oil prices drop after report Pakistan seeks new U.S.-Iran talks

The report comes as U.S.-Iran tensions keep escalating, helping support oil for the week despite the day’s slide.

Reported · Written up by our desk · Trade & Tariffs

Oil prices fell by around 3% on Friday, according to CNBC World, after a report said Pakistan is pushing for new U.S.-Iran talks with China’s backing.

Despite the sharp drop, crude remained on track for a weekly gain of about 10%, as the U.S.-Iran war continued to escalate.

Latest closeWTI crude $82.68 ▼0.6%

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Sources

CNBC WorldOil falls more than 4% on report Pakistan is pushing for new U.S.-Iran talks with China's backing

Global Markets

Oil prices drop after report Pakistan seeks new U.S.-Iran talks

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Sources

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