Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal

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Source: CNBC
Published: 2026-06-18 11:49 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, World News, US Politics, War & Conflict
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Snippet:
Oil prices declined Thursday after President Donald Trump reportedly signed ​a deal ​with his Iranian counterpart Masoud Pezeshkian to end the ​war in the Middle East, while the International Energy Agency flagged a supply glut next year.
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