Oil slips 1% after sharp gains amid U.S.-Iran diplomacy doubts

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Oil slips 1% after sharp gains amid U.S.-Iran diplomacy doubts

AI Summary

Oil prices declined by 1% following sharp prior gains amid uncertainties over U.S.-Iran diplomatic relations. Market participants remain cautious as diplomacy doubts weigh on energy market sentiment.

Politics Markets Commodities Energy oil prices U.S.-Iran diplomacy energy markets oil decline market uncertainty

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