Oil prices drop after Iran nuclear deal
BANGKOK (AP) — Oil prices sank Monday as a nuclear deal between Iran and six world powers made it more likely that the sanctions choking Iranian oil exports will eventually be lifted./ Brent crude, a benchmark for international oils, was down $2.53 at $108.52 a barrel at midafternoon Bangkok time in electronic trading on the ICE futures exchange in London. Benchmark U.S. crude fell $1.54 to $93.30 on the New York Mercantile Exchange. After marathon negotiations in Geneva, Iran on Sunday reached an agreement with the U.S., Britain, France, ...
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