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News 2026-10-05 01:35 UTC

Oil slips as Middle East crude exports rise, G7 to release stocks

By Florence TanOil prices slipped on Monday as rising crude exports from the Middle East and a release of oil stocks from Group of Seven nations are adding to supplies despite ongoing concerns about further damage to Gulf oil infrastructure amid the Iran war.Brent crude futures ICEEUR:BRN1! fell 35…