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Oil's Wild Week: Brent Crashes 14% as Iran Talks and a Tanker Attack Collide
Oil just had one of its wildest weeks of the year. Brent crude fell below $100 a barrel and closed the week down nearly 14%, its sharpest weekly drop in years — then clawed back above $98 on Friday as a tanker attack and the prospect of new US strikes on Iran reminded traders that the Middle East can still move prices in an afternoon. It was a week where every force in the oil market...
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