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Market Impact: 0.4
Mercuria and Gunvor See Profits More Than Double on War Bonanza
Source: Bloomberg
Commodities & Raw MaterialsGeopolitics & WarCorporate EarningsCompany Fundamentals
Two leading commodity trading houses have recorded sharply higher profits, according to financials reviewed by Bloomberg News. The gains reflect heightened trading opportunities and market dislocations created by the war in Iran, producing a windfall for the firms and their senior executives.
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