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Commodities

Advisable not to underestimate sentiment in Iran & Trump’s unpredictability, says S&P Global Platts

Updated : January 09, 2020 09:50 AM IST

Trump's imposition of additional sanctions on Iran won't be much different because the countries are already under severe sanctions.
Should there be some sort of disruption in Strait of Hormuz then that would be a significant disruption.
Crude has been unable to sustain above USD 70/bbl because there has not been a supply disruption.

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