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Thursday, July 23, 2015

Crude re-enters bear market as global output prolongs glut

In this Dec. 22, 2014 file photo, an Iranian oil worker makes repairs to a unit at Tehran's oil refinery, in Iran. While it will likely be months before sanctions on Iran ease, business and political leaders are wasting no time in trying to tap into a large and what they hope will be a lucrative Iranian market.
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