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EventDiplomatic

Oil Slides After Qatar, U.S. Signal Progress on Iran Talks

04 AUG 2026 · 1440Z

The prospect of a deal between the US and Iran appeared to be gaining traction on Tuesday, after Qatar said a proposal had been drafted and American Treasury Secretary Scott Bessent sounded hopeful on an agreement to reopen the Strait of Hormuz.

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Indexed Aug 4, 14:40 UTC · gCaptain

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