Oil Price at $70!
New Delhi: The international market is eagerly awaiting a US-Iran peace agreement. International brokerage firm Fitch Ratings stated that if this agreement is reached, the price of a barrel of crude oil could drop to $70 by September of this year. Following reports that the US and Iran are on the verge of a peace deal, the price of Brent crude oil fell by 4% in the international market on Sunday, trading at $87 per barrel.
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