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Oil Prices Fall Below $80 Amid US-Iran Talks on Hormuz Strait

International stock markets are setting records, but oil prices have fallen below $80 a barrel following signals of progress in US-Iran talks concerning the Strait of Hormuz. This development suggests potential easing of tensions in the region.

4 Aug, 08:15 — 4 Aug, 08:15
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zerohedgeLow10h ago

Iron Ore Below $100 As UBS Warns "Fundamentals Are Deteriorating"

Iron Ore Below $100 As UBS Warns "Fundamentals Are Deteriorating" Iron ore futures in Singapore fell to their lowest intraday level in one year as deteriorating fundamentals continued to weigh on the market. Steel demand in China remains soft amid an ongoing construction slump and weakening mill margins, while supply continues to increase, reinforcing expectations of a growing surplus. Bloomberg noted earlier that the latest concerns surrounding major physical trader Radiant Wo...

By Tyler Durden

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First report: zerohedge · 4 Aug, 08:15Full coverage: 3 · 10hWindow: 10h
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zerohedge4 Aug, 08:15First to report

Iron Ore Below $100 As UBS Warns "Fundamentals Are Deteriorating"

9h later
balkan-web4 Aug, 17:21

BBC: Nafta bie nën 80 dollarë pas sinjaleve për përparim në bisedimet SHBA-Iran mbi Ngushticën e Hormuzit

naftemporiki4 Aug, 17:45Latest update

Ρεκόρ καταγράφουν τα διεθνή Χρηματιστήρια, με το βλέμμα σε Ορμούζ και SpaceX – Κάτω από τα 80 δολάρια η τιμή του πετρελαίου

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