October 21, 2026

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Oil prices fall as traders hope for diplomatic progress in Middle East

Business CNBC
Image: CNBC

Developments in the Middle East remain in focus, with attacks on commercial ships transiting the Strait of Hormuz escalating in recent weeks.

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

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