ABC News – by PABLO GORONDI Associated Press
The price of oil dropped to near $93 a barrel on Monday as a deal between Iran and six world powers on the country’s nuclear program made it more likely that sanctions choking Iranian oil exports will be lifted.
By early afternoon in Europe, benchmark U.S. crude for January delivery was down $1.44 at $93.40 on the New York Mercantile Exchange. On Friday, the contract fell 60 cents to close at $94.84. Continue reading “Oil Prices Drop Sharply After Iran Nuclear Deal”

CNN – by Catherine E. Shoichet and Rafael Romo
CNN – by Catherine E. Shoichet
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