Oil prices fall as US-Iran talks in Qatar show progress
Story essentials
US, Iran
Doha, Qatar
July 1, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 17/2/2026, 1:40:17 AM
Oil prices dropped over 1% to four-month lows. Optimism regarding US-Iran technical talks in Doha eased supply concerns. Tanker traffic through the Strait of Hormuz is showing signs of recovery.
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