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Brent slips below $116 as US-Iran standoff continues
Brent crude fell below $116 a barrel after hitting a six-month high last week, while WTI hovered near $102. President Donald Trump said it is 'getting to be decision time' on a deal with Iran. Brent has still surged about 90% this year as the Middle East war disrupted flows. Israeli elections, US midterms and a Fed meeting lie ahead.

This summary is based on reporting by Hindustan Times.
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