Oil prices in four years, with the rise of sanctions on Iran looming on the horizon – Business Live | Business | The Guardian

The oil may have “originated another low overnight,” says Stephen Innes trading company OANDA, as he watches the US crude price hit a new four-year term.

He believes the new USMCA business deal is also pushing crude oil prices:

In the end markets remain singularly focused on the prospect of supply disruptions from Iran which is the main driver of oil prices.

Of course, the United States/Mexico/Canada trade agreement will be a long-term positive impact on oil prices in the wider context of the kidneys.

Oil prices
oil prices

Photography: are P B

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