EnergyNotableConfirmedDeveloping
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Oil prices decline 2% amid profit-taking and anticipation of new US sanctions on Iran
OilPrice.com·US · IR·2 days ago
Crude oil prices dropped over 3% to one-week lows as market participants assessed that recent US sanctions on Iran will have limited impact on global supply. The Colombian peso also weakened against the dollar, trading significantly above the Representative Market Rate (TRM).