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Oil prices seesaw amid renewed diplomatic efforts to end Mideast conflict

Renewed diplomatic efforts to end Mideast conflict eased supply concerns, pushing oil lower.

What happened: Oil prices fell after renewed diplomatic efforts to end the U.S.-Israeli war with Iran. Why it matters: The diplomatic push eased supply concerns that had been weighing on the oil market.
Oil prices fell after renewed diplomatic efforts to end the U.S.-Israeli war with Iran.
The diplomatic push eased supply concerns that had been weighing on the oil market.
Sources