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<Commodity>Brent Oil Futures Top USD70, Notching 4-Mth High as Trump Threatens Strong Strike Against Iran
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If Iran does not abandon its nuclear weapons and return to negotiations, the US will launch a strong strike, US President Donald Trump forewarned. As the geopolitical situation boiled up in the Middle East, Brent oil futures surpassed the USD70 mark this evening (29th) Hong Kong time, and last reported at USD70.28 per barrel, up 2.8%, marking the first time since late September last year. Oil prices have ascended so far this year, reversing the market's previous expectations of price pressure due to oversupply. AASTOCKS Financial News Website: www.aastocks.com |
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