Oil slides as traders assess Middle East developments with Iran attacks keeping markets jittery
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Source: CNBC
Published: 2026-05-05 10:37 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, US Politics, War & Conflict
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Snippet:
Oil prices declined after closing sharply higher on Monday, as traders continue to assess the risk of immediate supply disruptions amid renewed tensions between the United States and Iran.
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