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Breaking Posted 3 hours ago

OPEC crude output surged in June amid US-Iran accord

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OPEC crude production jumped last month as Persian Gulf members restored Strait of Hormuz exports following a US-Iran peace agreement. Rising oil supply typically pressures commodity currencies like CAD and AUD while supporting USD demand for energy imports. Traders should monitor crude's directional bias for emerging-market currency volatility.
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@asuquokelvin · 57 minutes ago

It seems the only way of making oil cheap was dependent on a simple peace talk

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