Oil Prices Drop Amid Lower Demand Forecasts Despite US-Iran Talks Deadlock
Oil prices have dropped due to lower demand forecasts, despite a continuing deadlock in US-Iran talks. The market is reacting to expectations of reduced global consumption.
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Oil drops on lower demand forecasts despite deadlock in US-Iran talks
Read full article →Oil drops on lower demand forecasts despite deadlock in US-Iran talks
Oil prices fell more than $1 on Thursday as forecasters lowered global oil demand projections for 2026 because of the disruptions from the U.S.-Israeli war on Iran,
By Abubakar Ibrahim
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