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Fundamental Analysis Posted 3 hours ago

Oil edges higher as US-Iran deal prospects fade

News
Oil prices rose as renewed US-Iran negotiations appear less likely, while Strait of Hormuz shipments gradually increase. This geopolitical theme has faded from FX markets; traders are focused on hawkish Fed repricing and September rate expectations. Energy volatility rarely drives major currency pairs unless crude hits structural support or risk-off accelerates.
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