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3 min read

Mumbai, May 27: Oil prices retreated on Wednesday after surging nearly 4% in the previous session, as investors assessed developments surrounding US-Iran negotiations and the possibility of easing tensions in the Middle East. Brent crude futures fell around 1.5% to trade near $98 per barrel, while US West Texas Intermediate crude also declined, slipping closer to the $92 mark. […]
Oil Price Today, May 27, 2026: Oil Prices Ease to $98 as Hopes of Progress in US-Iran Talks Calm Markets
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