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Oil prices hover around $110 as U.S.-Iran tensions simmer after UAE drone strike

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Oil prices hover around $110 as U.S.-Iran tensions simmer after UAE drone strike

Oil prices rose on Monday as tensions between the U.S. and Iran remained high following a drone strike which targeted a nuclear power plant in the United Arab Emirates. U.S. President Donald Trump warned that the "clock is ticking" for Iran to accept a deal, as reports suggested that the U.S. and Israel are actively discussing more military operations against…

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