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Market Impact: 0.35
Oil hits one-week low as investors shrug off latest U.S. sanctions on Iran
Source: The Globe and Mail
Geopolitics & WarEnergy Markets & PricesSanctions & Export Controls
Oil prices fell to a one-week low as traders largely discounted the latest U.S. sanctions threat against Iran, judging that economic pressure is less likely to disrupt physical supply than military escalation.
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