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The sharp drop in oil prices is likely due to market jitters on potential waivers in U.S. sanctions on Iranian petroleum exports (in May), the effects of additional U.S. waivers on Iran will impede OPEC+ efforts to rebalance oil markets in 2019.

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Reuters 5 years ago

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    "Benjamin Lu Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 21 Nov. 2024. <https://www.quotes.net/citizen-quote/293543>.

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