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Oil prices settle 5% lower after claims of progress in US-Iran talks

Oil prices settle 5% lower after claims of progress in US-Iran talks

By Shariq Khan NEW YORK, Aug 4 (Reuters) - Oil prices fell more than 5% and settled at a three-week low on Tuesday after comments by Qatari and U.S. officials raised hopes for a diplomatic resolution to the Iran war, which could improve oil flows through the Strait of Hormuz.
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Qatar says progress made toward US-Iran talks on ending war

Qatar says progress made toward US-Iran talks on ending war

By Tala Ramadan, Parisa Hafezi, Doina Chiacu and Simon Lewis DUBAI/WASHINGTON, Aug 4 (Reuters) - Qatar said mediators were making progress in efforts to end the U.S.-Iran war on Tuesday, driving oil prices lower, although Tehran has denied President Donald Trump's assertion that talks are already
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Oil pares gains after Qatar says US-Iran diplomatic efforts continue

Oil pares gains after Qatar says US-Iran diplomatic efforts continue

By Anushree Mukherjee Aug 4 (Reuters) - Oil prices pared gains on Tuesday after Qatar said efforts to secure a diplomatic resolution to the U.S.-Iran conflict were continuing, while disruptions to oil flows through key shipping routes persisted.
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Oil prices drop after Trump cancels attack on Iran to seek nuclear deal

Oil prices drop after Trump cancels attack on Iran to seek nuclear deal

By Shadia Nasralla LONDON, Aug 3 (Reuters) - Oil prices fell more than $4 a barrel on Monday after U.S. President Donald Trump held off a fresh attack on Iran as he sought a quick deal that would halt Tehran's nuclear ambitions and reopen the Strait of Hormuz.
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Oil falls after Trump cancels attack on Iran to seek nuclear deal

Oil falls after Trump cancels attack on Iran to seek nuclear deal

By Florence Tan SINGAPORE, Aug 3 (Reuters) - Oil prices fell more than $4 a barrel on Monday after U.S. President Donald Trump held off a fresh attack on Iran as he sought a quick deal that would halt Tehran's nuclear ambitions and reopen the Strait of Hormuz.
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Oil prices drop 5% to three-week low after Trump cancels attack on Iran

Oil prices drop 5% to three-week low after Trump cancels attack on Iran

By Scott DiSavino NEW YORK, Aug 3 (Reuters) - Oil prices fell about 5% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.
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Oil Prices Plummet Amid Hopes for U.S.-Iran Peace Deal

Oil Prices Plummet Amid Hopes for U.S.-Iran Peace Deal

Oil prices experienced a significant drop, with ICE Brent falling over 7%, driven by optimism surrounding potential peace talks between the U.S. and Iran. This decline followed President Trump's decision to call off military strikes against Iran, suggesting a possible revival of negotiations. However, Iranian officials have denied any ongoing talks, maintaining that current discussions with Oman are limited to shipping routes through the Strait of Hormuz. The market reaction reflects a history of fluctuating tensions and negotiations between the U.S. and Iran, with previous instances of potential deals often unraveling.
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Iran and Oman working on plan to reopen the Strait of Hormuz, and other Mideast developments

Iran and Oman working on plan to reopen the Strait of Hormuz, and other Mideast developments

Iran and Oman are inching toward a deal to reopen the Strait of Hormuz and potentially help bring an end to the war
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Status of US-Iran talks uncertain as ship struck in Hormuz

Status of US-Iran talks uncertain as ship struck in Hormuz

DUBAI/WASHINGTON, Aug 4 (Reuters) - Conflicting signals from the United States and Iran over the status of talks to end their five-month-old war boosted uncertainty on Tuesday, with the latest attack on shipping in the Strait of Hormuz highlighting risks to global energy flows. U.S.
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Qatar says progress made toward US-Iran talks

Qatar says progress made toward US-Iran talks

By Tala Ramadan, Parisa Hafezi and Nandita Bose DUBAI/WASHINGTON, Aug 4 (Reuters) - Qatar said mediators were making progress in efforts to end the U.S.-Iran war on Tuesday, although Tehran has denied President Donald Trump's assertion that talks are already under way.
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Middle East Diplomacy Boosts U.S. Equity Futures as Oil Prices Decline

Middle East Diplomacy Boosts U.S. Equity Futures as Oil Prices Decline

Middle East Diplomacy Boosts U.S. Equity Futures as Oil Prices Decline
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Stocks jump to records after upbeat company forecasts; oil, yen weaken

Stocks jump to records after upbeat company forecasts; oil, yen weaken

By Caroline Valetkevitch and Stefano Rebaudo NEW YORK/MILAN, Aug 4 (Reuters) - Stock indexes rose sharply on Tuesday, with the Dow and S&P 500 hitting record highs following upbeat forecasts from Caterpillar and other companies, and oil prices extended recent sharp declines.