Oil drops on prospect of easing sanctions on Iran

Oil drops on prospect of easing sanctions on Iran

MELBOURNE (Reuters) – Oil prices retreated on Friday after swinging sharply over the week as the prospect of additional supply from Iran returning to the market outweighed fears of a possible Russian invasion of Ukraine, which could disrupt supplies. Brent crude futures fell 68 cents, or 0.7%, to $92.29 a barrel at 0124 GMT, extending […]
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