Oil prices dip as Iran as world powers seek nuclear deal


SINGAPORE: Oil prices dipped in Asian morning trading on Monday, adding to steep losses in the previous session, as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted.

Iran and six world powers tried to break an impasse in nuclear negotiations on Sunday ahead of a deadline to find a prelminary deal by Tuesday, although diplomats warned the attempt could still fall apart.

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