Oil Slips to 2-Week Low as US-Iran Seen Moving Closer to Peace Deal: Oil prices hit two-week lows on Monday on optimism that the U.S. and Iran were moving closer towards a peace deal even though they remained at odds over key issues, including blockades on the Strait of Hormuz that continued to restrict oil supply from the Middle East. #OilPrices #USIranDeal #PeaceTalks #StraitOfHormuz #MiddleEast
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