Oil Prices Surge as Trump Mulls Iran Deal Exit
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Oil prices surge as Trump hints at Iran deal exit, potentially slashing Tehrans exports and boosting prices. Brent crude reaches $110 a barrel, US light crude climbs to $71.86. Trump faces May 12th deadline, analysts predict Irans exports could drop to 2.1 million barrels per day. US stockpiles decrease, Venezuelas output plummets. Official numbers due later today, oil rally may intensify or falter.
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