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    Oil drops below $100 as following ceasefire announcement

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    Source: Middle East Eye
    Published: 2026-04-08 18:30 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Middle East, Iran, Energy, US Politics, War & Conflict
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    Snippet:
    Oil prices have fallen sharply after Donald Trump announced a two-week ceasefire with Iran tied to reopening the Strait of Hormuz.
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