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Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?

The Economic Times · 21 August 2026 at 7:55 am

An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks.

U.S.

President Donald Trump also threatened economic retaliation against countries supporting Iran.

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Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?

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