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Oil prices held tight amidst concerns over U.S.-China trade dispute eroding global economic growth, and looming U.S. sanctions against Iran from November. Brent crude was down at $75.75/barrel. WTI crude was down at $68.63/barrel. In the first half of this year, Iran has exported around 2.5 million barrels per day of crude oil. Analysts are projecting this figure to degrade by 1 million bpd once sanctions are fully enforced.
