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Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz
Brent crude futures fell $4.38, or 5.02%, to $82.95 a barrel by 10:54 a.m. EDT (1455 GMT) and U.S. West Texas Intermediate was at $80.28, down $4.60, or 5.42%. Both contracts fell to their lowest […]