A clean-up crew member scrapes oil soaked soil from a pool of crude oil, leaked from a burst pipeline in the Arava desert, during the clean-up operation in the Evrona nature reserve. (Photographer: Ariel Jerozolimski/Bloomberg)

Oil Declines as Global Economic Woes Outweigh Standoff With Iran

(Bloomberg) -- Oil declined as concerns that slowing economic growth will stymie energy demand outweighed worries that a confrontation with Iran may threaten supplies.

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