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Oil falls on U.S.-Iran truce hopes, Brent set for weekly gain while WTI declines
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- Sep 25, 2026, 7:25 PM UTC
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Investing.com-- Oil prices rose more than 1% on Monday after Iran said it would not soften its conditions for reopening the Strait of Hormuz, after U.S. President Donald Trump rejected Tehran’s proposal, raising uncertainty over when traffic through the crucial oil shipping route will return to normal.