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Crude slides as Iran clinches historic nuclear deal

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Oil dropped on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Teheran and a gradual increase in its oil exports.

London

OIL dropped on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Teheran and a gradual increase in its oil exports.

Earlier heavy losses were trimmed as traders digested initial news of the deal, with the