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Urgent: Oil prices drop amid Iran talks

Xinhua, March 31, 2015 Adjust font size:

Crude prices fell Monday on the possibility of increasing crude exports from Iran as Tehran and world powers are working toward a deal that could lift Western sanction.

Light, sweet crude for May delivery lost 19 cents to settle at 48.69 U.S. dollars a barrel on the New York Mercantile Exchange. Endite