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Reuters

Oil rebounds by $1 on Iran missile test

Reuters - 5 minutes ago

SEOUL (Reuters) - Oil rose a dollar on Wednesday, recovering from a more than $5 fall a day ago, after Iranian state media reported that the country had test-fired missiles that could reach Israel and U.S. bases in the region.

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Brazilian Jose Sergio Gabrielli de Azevedo, President and CEO of Petrobas, speaks during a plenary session at the 19th World Petroleum Congress in Madrid, on July 3. ...

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