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Commodities· May 01, 2026 at 12:55 PM

Oil Pares Weekly Gain as US-Iran Diplomatic Wrangling Continues

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(Bloomberg) -- Oil pared a second weekly gain after Iran responded to the latest US amendments on plans to end the war in the Middle East.Most Read from BloombergUS Seeks to Deploy Hypersonic Missile for the First Time Against IranTwo NJ Malls Separated by Just Four Miles — and Very Different FatesTrump Says Iran Blockade ‘Incredible’ as Pump Prices Keep RisingNorth Korea Confirms Suicide Rule for Soldiers Ukraine CapturesTehran delivered the text of its latest proposal for negotiations with the

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