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Oil prices drop nearly 4% as Brent crude falls to $97.29 per barrel and WTI slides to $91.38. The decline follows market optimism regarding potential progress in U.S.-Iran peace negotiations.

Brent crude oil prices fell by approximately 4% to $97.29 per barrel on Thursday, while WTI futures dropped to $91.38, amid market optimism regarding potential progress in U.S.-Iran peace negotiations.

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