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Oil prices hover near $100 as Iran war talks enter final stages, easing recent sharp drops.

Market News
21 May 2026
Barrons
View Source
Neutral
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Oil prices have rebounded toward $100 a barrel after a significant drop, following comments from President Donald Trump that negotiations with Iran are in their final stages. This development suggests a potential easing of geopolitical tensions that have previously driven oil prices higher. The market is closely watching these talks, as a resolution could stabilize or reduce oil prices in the near future.

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