Oil tumbles 6 percent after Greek 'No' vote, ahead of Iran deadline
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014./ Oil prices tumbled their most in three months on Monday, with U.S. crude falling 6 percent, after Greece's rejection of debt bailout terms and China's rolling out of emergency measures to support its stock markets shook global markets. Adding to the pressure on oil, Iran and global powers were trying to meet a July 7 deadline on a nuclear deal, which could bring more supply to the market if sanctions on Iran are eased. The self-imposed deadline could be extended ...
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