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Breaking Posted 2 hours ago

Brent Crude Hits Two-Month Low Amid US-Iran Deal Uncertainty

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Oil prices dropped to a two-month low as conflicting signals between Washington and Tehran created uncertainty over potential US-Iran negotiations. The volatile week saw contradictory statements from both sides fueling market instability. The oil price decline could strengthen USD against commodity currencies like CAD and NOK, while supporting JPY as a safe haven. Energy-sensitive pairs face volatility as geopolitical tensions persist.
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