Oil prices drop awaiting Mideast peace progress

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Source: The Manila Times
Published: 2026-05-08 00:50 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Energy, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict
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Snippet:
Oil prices fell and global stock markets traded mixed Thursday awaiting an update on a US plan to end the Middle East war and reopen the Strait of Hormuz.
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