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Oil tumbles more than $5 on US-Iran deal optimism and easing supply fears

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A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US, June 9, 2016. — ReutersMarkets rally as oil falls on Iran peace hopes.Oil slump boosts stocks as US-Iran talks progress.Global markets…

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