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Oil markets fall on news of U.S.-Iran deal, but experts expect 'prices will start to grind higher'

Oil markets fall on news of U.S.-Iran deal, but experts expect 'prices will start to grind higher'

AI Briefing

  • • Oil markets plummet on news of potential US-Iran deal.
  • • Industry experts expect oil prices to rise, but slowly.
  • • Middle East production returns will take time to normalize.

Source Summary

Industry executives and analysts predict it will take time to return production in the Middle East back to normal levels.

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