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Oil prices drop after hitting three-year high amid Trump's Middle East peace forecast


l_654950_071133_updates.jpg An oil tanker sits anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 7, 2026. — Reuters

Oil prices fall after surging as high as $119 a barrel on Monday.Trump predicted the war in the Middle East could...

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