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2 weeks agoThe World
US and Iran met in Oman; released Epstein files spark political and legal turmoil; rare Philippine criollo cacao gains acclaim; Muslim-made animated film opens.
Oil prices retreated today after yesterday's rebound, with geopolitical events dominating price action and fuelling a volatile environment. The developments in the Middle East remain a strong catalyst for crude and could continue to drive the market's direction over the short-term. The confirmation that talks between the US and Iran will be held in Oman on Friday limited concerns about an immediate escalation in the oil-rich region.