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Latest Oil Market News and Analysis for July 28

Oil extended a drop after President Donald Trump said the US and Iran were engaged in talks to end the Middle East conflict.

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

26%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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