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09.10.26 - 04:54
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Oil falls as Trump comments on Iran talks ease supply concerns (Reuters EN)
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Oil prices fell on Friday as Middle East supply concerns eased somewhat after US President Donald Trump said the country will not attack Iran before US elections next month amid productive talks to end their war that has disrupted the market.. --- The oil market is also contending with Hurricane Isaias in the Gulf of Mexico. Because of the storm, producers there have shut in about 1.3 million barrels per day, or 62.9%, of current oil production as of Thursday, according to the US Marine Minerals Administration..
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28.09.26 - 14:36
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Stocks Fall, Oil Rises as Iran Refuses to Soften Demands; US, China to Cut Tariffs (Bloomberg)
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US equity futures and Treasuries fall as uncertainties around the conflict between the US and Iran push oil higher and lifts concerns around inflation. Tehran says it's sticking to its proposal to reopen the Strait of Hormuz that President Trump has rejected. The US and China release a detailed plan to cut tariffs on about $30 billion of imports from each nation. Nvidia introduces a new double-layered AI security system that will keep agents from going awry. Aneeka Gupta of Wisdomtree joins "Bloomberg Brief" to discuss the market pricing in long-term uncertainty. (Source: Bloomberg)...
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