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Bloomberg
Oil Falls Below $80 With US-Iran Deal Set to Add Wave of Supply
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and regional benchmarks collapsing. Bloomberg Mike McGlone joins to discuss. (Source: Bloomberg)
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