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Shares of integrated oil and gas companies are trading lower amid a crude price pullback after reports suggesting that the U.S. and Iran could resume negotiations and that Iran will stop its military strikes as long as the U.S. refrains from bombing.
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Shares of integrated oil and gas companies are trading higher amid energy price gains due to concerns that the U.S. and Iran aren't making meaningful headway in negotiations to reopen the Strait of Hormuz peacefully and without transit fees.
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