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    Crude Oil Prices Extend Decline Amid Strait of Hormuz Impasse; Brent Oil Around $87 Per Barrel

    8 hours ago

    Iran and Oman are yet to reach an accord to reopen the crucial waterway, after optimism earlier in the week that an agreement was within reach. Meanwhile, crude continues to flow from the Persian Gulf, despite persistent threats, often on tankers sailing with their transponders switched off.
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