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WTI Oil Falls More Than 12% on Report the United States May Unfreeze Iran Funds

The move followed a report that the United States is considering unfreezing Iranian funds, a development that could affect energy market expectations.

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Terms & Concepts
  • WTI oil: West Texas Intermediate, a benchmark grade of U.S. crude oil widely used to track global energy market pricing.
  • Unfreezing funds: The release of previously restricted or blocked assets, often tied to sanctions or government controls.