Economy

Oil Prices Fall as Proposed U.S.–Iran Truce Eases Supply Concerns

Crude oil prices declined on Tuesday as reports of a proposed ceasefire between the United States and Iran reduced immediate concerns about further disruption to Middle Eastern energy supplies. Brent crude oil, against which Nigerian crude oil is priced, fell by $1.21, or 1.4 percent to $88.01 per barrel, retreating further from the one-month high […]

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