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Brent oil spot price above $120 in sign that Iran ceasefire can’t solve deep disruption
The spot price for cargos of Brent crude oil came in at $124.68 per barrel on Wednesday in a sign that the Iran ceasefire agreement is unlikely resolve the deep supply disruption triggered by the five-week war. The spot price governs Brent oil for delivery in the next 10 to 30 days, in contrast to […]
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