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S04 Ep30 Energy Market Update: Volatility returns as markets are caught between diplomacy and disruption

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Oil markets are volatile as mixed signals from US–Iran diplomacy unsettle sentiment. Prices fell sharply on Friday, with Brent dropping from near $100/bbl to ~$85, after apparent progress on reopening the Strait of Hormuz, but conflicting statements and a tanker attack suggest it remains closed.

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20 Apr English South Africa Business

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