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Oil slips 1% as traders hope for US-Iran truce amid fresh attacks on Saudi pipeline
Following a tumultuous week influenced by geopolitical unrest and supply worries, oil prices have dipped slightly. WTI crude now stands at $93.52 a barrel, while Brent crude has retreated to $105.80. Ongoing negotiations aim to address the Middle East conflict, which has considerably strained energy supplies. In Saudi Arabia, military operations have further heightened supply concerns, underscoring the persistent…