U.S. Oil Prices Fall >6% as White House Mulls Iran
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- U.S. oil prices fell >6% (NBC News) as the White House weighed further talks with Iran.
- IEA analysis says oil prices may be starting to come down for a worrisome reason (IEA).
- IMF, World Bank, and IEA urged nations to stop hoarding energy supplies (CNBC).
- White House considered further talks with Iran (NBC News).
Why it matters: U.S. gasoline prices may fall as oil prices drop >6% this quarter.
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