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Brent Crude Slips To $106 After 7% Surge In Two Days; US, Iran Explore Phased Deal To Reopen Strait Of Hormuz

Brent Crude Slips To $106 After 7% Surge In Two Days; US, Iran Explore Phased Deal To Reopen Strait Of Hormuz

Brent crude fell toward $106 a barrel after rising more than 7% over the previous two sessions, while West Texas Intermediate was below $94.

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