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Market Impact: 0.4
Iran Oil Exports Near Zero But Peace Deal Not Likely, FGE Says
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain
Iranian oil exports have dwindled to almost nothing under the US naval blockade, according to FGE NexantECA. The firm says the likelihood of an imminent deal between the US and Iran to end the war is low; the article provides no export volumes or market-price reaction.
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