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 Crude Oil Forecast: Iran Drops ’B’-Word on US, Prices Stay Elevated Ref: DFX

Trump is making a bigly impact in the world of geopolitical politics and its helping crude oil traders with long exposure. 18-months after US president Donald Trump’s presidential victory that sent stocks higher and the US Dollar aggressively higher still, other world leaders have taken to his brand of calling them like they see em’.

US crude rises 1.9% to 3½-year high, settling at $69.72, as Trump's Iran sanctions deadline looms

Oil prices strengthened on Friday as global supplies remained tight and the market awaited news from Washington on possible new U.S. sanctions against Iran.

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