Oil Holds Three-Day Drop as Middle East Tensions Cool Amid Diplomacy Hopes

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International Relations

29 July 2026 at 7:22 am

Oil Holds Three-Day Drop as Middle East Tensions Cool Amid Diplomacy Hopes

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Summary

Oil prices maintained most of a three-day decline due to optimism that the US and Iran might find a diplomatic solution to end the ongoing conflict in the Middle East.

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