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A technician opens a pressure gas valve inside ONGC group gathering station on the outskirts of Ahmedabad

Oil dives 5 percent as worries about Iran talks trump Yemen

Reuters - 15 hours ago By Barani Krishnan NEW YORK (Reuters) - Oil tumbled 5 percent on Friday, erasing the previous session's gains, as Yemen's conflict looked less likely to disrupt Middle East crude shipments and investors turned their focus to talks for a potential Iran nuclear deal that could put more supply on the market. Oil prices still notched their second straight weekly gain, boosted …

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