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WTI Oil plunges as US-Iran compromise proposal raises hopes of de-escalation

Reported · Written up by our desk · Major Pairs

West Texas Intermediate (WTI) US Oil falls sharply on Tuesday, trading around $95.70 at the time of writing, down 2.36% on the day. The Crude Oil retreats after reaching a one-month high above $100 earlier in the day.

Latest closeWTI crude $91.10 ▲3.2%

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Sources

FXStreetWTI Oil plunges as US-Iran compromise proposal raises hopes of de-escalation

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