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Breaking Posted 2 hours ago

Vance: Iran Sanctions Remain Except Oil Sector Exempted

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VP Vance confirmed that US sanctions on Iran remain broadly in place, with one notable exception: oil sanctions have been lifted or eased. The carve-out for Iranian oil signals a deliberate policy shift aimed at increasing global supply. Oil-linked currencies such as CAD and NOK may face modest pressure from potential supply increases, while USD pairs could see volatility as markets reassess Middle East geopolitical risk. Traders should watch USD/CAD and oil benchmarks closely for follow-through.
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