Crude oil plunged $18.37 at midday after reports of a two-week ceasefire between Iran and the US, a move that is driving volatility in energy markets. Cotton futures saw the nearby May contract rise 32 points while other contracts fell 2–10 points. The US dollar index is down $1.042 at 98.640.
Crude oil plunged $18.37 at midday after reports of a two-week ceasefire between Iran and the US, a move that is driving volatility in energy markets. Cotton futures saw the nearby May contract rise 32 points while other contracts fell 2–10 points. The US dollar index is down $1.042 at 98.640.
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