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    World oil prices drop 5 percent on hopes over US-Iran talks

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    Source: Middle East Eye
    Published: 2026-05-07 23:55 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Middle East, Military & Defence, Iran, Energy, World News, War & Conflict
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    Snippet:
    Global oil prices fell more than five percent on Thursday, amid hopes that ongoing talks would bring an end to the war on Iran.
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