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Crude prices tumbled more than 5 per cent Tuesday – and are down more than 10 per cent this week – after US Treasury Secretary Scott Bessent said a deal could be reached imminently with Tehran on re-opening the Strait of Hormuz to shipping traffic.He told CNBC television that “I think there is a chance we may have a deal today or tomorrow to open the strait” – a key sticking point in ceasefire talks.”I’d expect the energy prices to settle back down, which, as I said, will be good for the entire world.”President Donald Trump later warned Iran would…

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