Oil slides 6% as Iran reportedly signals halt to attacks if U.S. pause holds
Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place.
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Why it mattersEnergy markets are pricing in reduced geopolitical risk if both Iran and the U.S. sustain a mutual de-escalation, which affects gas prices and inflation dynamics for American consumers and businesses.
Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place.
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