Oil prices fall after Iran agrees nuclear deal
Oil prices have fallen after Iran agreed a deal to curb some
of its nuclear activities in return for easing of international sanctions
against it. Iran holds the world's fourth-largest oil reserves but its exports
have been hurt by the tough sanctions. Brent crude fell more than 2% in early
Asian trade on Monday. It dropped by $2.42 to $108.63 per barrel, while US
light sweet crude fell 84 cents to $93.64 per barrel.
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