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Breaking Posted 1 hour ago

US-Iran Deal Allows Tehran to Sell Oil Under Strict Conditions

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A US-Iran agreement grants Tehran immediate oil sales rights, contingent on non-interference in Strait of Hormuz navigation and abandoning nuclear weapons ambitions, per WSJ. The deal introduces conditional Iranian oil supply back into global markets. Oil-linked currencies such as CAD and NOK face downward pressure as Iranian supply could weigh on crude prices. USD pairs may see volatility as geopolitical risk sentiment shifts, with USD/CAD and safe-haven pairs like USD/JPY most likely to react.
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