Oil slips more than 5% after US pauses strikes on Iran

Oil prices fell more than 5% after the US paused strikes on Iran. This was reported by Reuters.

Reuters

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Oil prices slipped more than 5% after the US paused strikes on Iran. This was reported by Qazaqyia.kz citing Reuters.

Markets reacted to the US decision to pause strikes on Iran, leading to a decrease in geopolitical tensions and a sharp drop in oil prices.

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