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Oil prices down on surging output, but Iran sanctions loom

Oil prices down on surging output, but Iran sanctions loom

Oil prices declined on Fri­day on the back of a surge in crude out­put by the world’s top-three pro­duc­ers off­set­ting con­cerns over the sup­ply impact of impend­ing U.S. sanc­tions on Iran’s petro­le­um exports.
Source: CNBC RSS

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