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Oil prices slide 2% as US-Iran seek path out of war, Saudi supply fears persist
Times of India
September 26, 2026
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Oil prices dropped by more than 2% amid the initiation of US-Iran truce talks, alongside escalating worries about Saudi oil supply. Brent crude fell to $104.30 a barrel, while West Texas Intermediate decreased to $92.41. With negotiators examining the reopening of the Strait of Hormuz for sanction r
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