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Iraqi energy officials say Iraq's oil output fell further as storage fills and exports via Hormuz are blocked by the conflict; output from southern oilfields fell ~80% to around 800k BPD; more oil production cuts are possible if Hormuz is not open

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Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement