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Oil slips 1% as Iran diplomacy eases supply fears

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05:18:43 AM UTC
SquawkNews
By Sethuraman N ROil prices edged lower on Tuesday, falling about 1% as prospects for a resolution of the US-Israeli war on Iran kept supply fears at bay with talks in Tehran, despite renewed Houthi attacks on Saudi Arabia.Brent crude futures ICEEUR:BRN1! were down $1, or 0.86%, at $114.81 a barrel…