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Oil Prices Drop Over $1 as US Prepares for Iran Sanctions
Oil prices have dropped over $1 as the US prepares to impose strict sanctions on Iran. Investors are reacting to potential disruptions in Middle Eastern oil supply, especially with Iran threatening to cut exports from the Gulf. This uncertainty is causing ripples in global energy markets, prompting stakeholders to closely monitor the situation as Washington unveils its measures.
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"When it comes to oil prices, it's a rollercoaster ride with sanctions as the main attraction!"
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File ID: #373323Original Source: Times Of India β
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